Youth unemployment

The euro area (EA19) seasonally-adjusted unemployment rate was 8.1% in October 2018, stable compared with September 2018 and down from 8.8% in October 2017. This remains the lowest rate recorded in the euro area since November 2008, according to data of the National Statistical Institute.

As of September 2018, youth unemployment in Turkey stands at 19.4%, a very high ratio by any standard. Youth unemployment is a very serious issue with broad consequences, ranging from the loss of young talents to a skills crisis, from social security issues to social harmony matters.

One of the most visible and distressing consequences of the 2008-09 financial crisis was the marked increase in unemployment across Europe, reaching heights that had not been seen for decades.

Turkey's unemployment rate fell to 9.6 percent in April, dropping 0.9 percentage points year-on-year, the country's statistical authority announced on July 16.

New drop of unemployment in Bulgaria. In April it is 5.1% - the lowest level since 2008, according to Eurostat data.

Compared to March, the decrease is by 0.1% and on an annual basis compared to April 2017 - by 1.2%.

The unemployed in Bulgaria during the last fourth months was a total of 177 000 people, or 34 000 less than in April 2017 and 3000 less on a monthly basis.

More than half of unemployed Greeks aged between 20 and 34 say they would leave the country for a job abroad, either in the European Union or elsewhere, according to research conducted by the Eurostat, the statistical office of the European Union.

The national unemployment rate of the previous year's last quarter was 4.7 percent, equal to the one recorded in the previous quarter, and the highest level of unemployment, of 21.2 pct was reached among young people (15-24 years old), according to data released on Wednesday by the National Institute of Statistics (INS).

Almost one in two Greeks looking for a job have been unemployed for more than a year, the February data from the country's employment agency OAED showed on Wednesday.

The Turkish Statistics Institute (TÜİK) has denied some recent reports that have claimed unemployment data was not a reflection of the actual figures and on-the-job trainees and apprentices had been counted as employed people.

The number of unemployed university graduates has been on the rise in Turkey. Given few job opportunities in the market, many graduates are forced to work as security personnel, delivery people or even shepherds.