Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-24-Speech-4-260-875"
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"en.20120524.19.4-260-875"2
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"The European Union has almost 5.5 million young people without work. Amongst the under-25s, more than one person in every five is unable to find a job. The youth unemployment rate has reached 21%, and the situation gets no better. This is why practical actions must be carried out to resolve this issue of youth unemployment. The Member States must act on the issue of school drop-out rates and encourage the young to develop the skills that our businesses require. It is becoming a matter of urgency that we make the employment market more accessible to the young so that they can get their first job quickly. Investing in a Youth Guarantee is one way of achieving this. However, we must, above all, make smart, wise use of the funds already committed. Indeed, out of a total of EUR 347 billion for the period 2007-2013, EUR 82 billion of European structural funds had not been allocated by January this year. It is essential to use these funds to train the young, so that the European Union is, for them, synonymous with prospects for the future and with hope."@en1
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