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Italy has the highest youth unemployment rate in Europe, after Spain

by Claudio Celio

Youth unemployment rate in major countries of the euro area from 2005 to 2015 (People aged between 15 and 24)

% of the total population in the same age group (Source: Eurostat)

After Spain, Italy is the country with the highest youth unemployment rate among major EU countries.

According to Eurostat data, unemployment amongst people between the ages of 15 and 24 years was 42.6% in 2015, practically unchanged from 2014, when it had reached the highest rate in recent years, at 42.7%.

Only Spain showed a higher percentage in 2015, with 48.3% (but down from the 52.3% recorded in 2014).

On the opposite end of the spectrum is Germany, with a youth unemployment rate which reached its lowest levels in the past decade in 2014, at 7.3%.

In Italy, youth unemployment skyrocketed in the years of the economic crisis, increasing from 24.1% in 2005 to 42.6% in 2015.

Germany’s numbers show an inverse trend, with youth unemployment in 2005 standing at just over 15%, down to 7.3% in 2015.