Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-508-000"

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"Madam President, ladies and gentlemen, none of us doubts the problems and hazards faced by young people in the European employment market. The unemployment rate among people under 25 has increased continuously since 2008 and, at the end of 2011, it was double that for all people of working age. One in five people in the EU cannot currently find a job, and more than 7.5 million of them are not only not earning, but are also not in training of any kind; what is more, in certain countries, the level of unemployment among young people has risen to an alarming 50%. This situation is the result not only of the economic and financial crisis, but also of a lack of prospects and opportunities for young people to develop and acquire basic skills, allowing them to compete in the labour market. For many years, our educational system has failed to accomplish its task, and is still based on curricula which do not in any way reflect the requirements of the labour market. In addition, at the start of their lives as independent adults, young people face problems accessing traineeships and internships, loans and stable jobs which would allow them to develop and invest in their future. This situation means that many Member States, and Europe as a whole, are at risk of brain drain, which can be deadly not only to our economy, but also to science and culture. We believe that the initiatives taken by the European Commission for the benefit of young people, such as the Youth opportunities initiative, are important in this context. It is important, however, that in the forest of actions and programmes which have taken shape recently, we do not lose sight of the objective, which is to make space for young people in the labour market. Structural reforms in the labour market, as well as social investments in education, training, traineeships and internships, may prove very helpful in this situation. They will equip young persons with the basic skills needed in the labour market and with tools which help them to adjust proactively and flexibly to changing social and economic conditions. In this context, efficient use of the new EU financial perspectives is particularly important, as is the efficient allocation of funds under the European Social Fund. Commissioner, our young people are the most important investment of our lives. Let us take care of them with the utmost concern and responsibility."@en1
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