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European Youth Forum warns of a Peter Pan generation as a result of financial crisis and response to it
Date: 17.11.2014

The policy responses to the economic crisis which began in 2008 have hit youth hardest, according to a new publication launched by the European Youth Forum today at a high-level event on youth employment in Rome.

The publication “Youth in the Crisis: What Went Wrong?”, which examines in depth the consequences of the financial crisis on young people, finds that the policy answers to the financial crisis negatively affected society as a whole, but young people in particular.

In its publication, the Youth Forum highlights the fact that employment security for young people has significantly decreased, youth has seen cuts to their minimum wage and meanwhile education budgets have been slashed. It concludes that the overarching response has been uncoordinated and ineffective with measures which have, overall, disproportionally and negatively affected young people. The Youth Forum recommends that European governments and the EU must move away from only “supply-side” measures to deal with youth unemployment and examine more closely its long-term drivers.

The publication was launched at a high-level event on youth employment (12-14 November, in Rome) – “one year after – building a sustainable future“, hosted by the Youth Forum along with the Italian National Youth Council as a follow up to the event held in Paris in November 2013.

Read the full publication "Youth in the Crisis: What Went Wrong?" here

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