Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-511-000"

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"en.20120523.22.3-511-000"2
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"Madam President, I would like to thank the Commissioner for his attendance, and also my colleague, Pervenche Berès, for bringing this question forward. I believe that young people are suffering disproportionately from the crisis that is facing Europe. Youth unemployment has really dramatic effects. It reduces career opportunities and it reduces earning power but, most importantly, it excludes young people from playing their role in society, and it is soul-destroying. As a result of youth unemployment in Ireland, which is at unprecedented levels, young talented people are leaving the country in droves, and they and their heartbroken families are aware of the reality that they are not taking a year out to travel, but are in fact emigrating to make new lives abroad. Youth unemployment has serious economic consequences. It deprives society of the skills of young people who would, if they were able, put their talents and capabilities to good use. No society can be vibrant and dynamic, let alone competitive, if over 20% of its youth workforce is inactive. In March 2012, Eurostat put the Irish youth unemployment rate at over 30% – more than 73 000 people. Ireland’s rate is the fifth highest in the EU. In December 2011, the European NEETs (Not in Education, Employment or Training) survey put the economic cost, in terms of lost earnings and social transfers, at 2.1% of Ireland’s GDP. This was the highest figure for any EU Member State. But youth unemployment also has dramatic social consequences and, as previous speakers have pointed out, we risk the possibility of having a ‘lost generation’ of people who are completely disengaged. Commissioner, I want to ask particularly about the Youth Guarantee. I do not believe that the EUR 4 million that has been set aside is sufficient, and I think we need to do more. I also want to question you about more flexibility in the Structural Funds, particularly in relation to financing, and finally to ask you, Commissioner, whether, on your study visits to the eight countries concerned, you have seen effective use of European Social Fund (ESF) funding, and what recommendations you are making to redirect some ESF funding. Commissioner, I thank you for your attendance here today, but I think we have a lot more work to do on this subject."@en1
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