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European Youth Jobs Summit will be hosted by Germany Chancellor, Angela Markel

July 2013, 04
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Several countries in Europe have understood that it is important to bring young people into the job market. In this process, German Chancellor Angela Markel took the initiative of bringing officials all over from Europe to a common place to make German Immigration more simple process. The heads of national labour agencies of 28 European Union countries will be meeting the Chancellor for discussing this issue. After meeting these people, the Chancellor will be meeting the French President and other leaders at a conference that is going to be held in Berlin.

For the sake of fighting unemployment, EU leaders have decided to put 6 billion euros aside, irrespective of other funding. This program is going to be implemented from next year onwards. In the later part of this year, decisions about the usage of money and its impact are expected to arrive.

The conference in Berlin is going to focus primarily on bringing the unemployment rate to a minimum level. In May, the unemployment rate in European Union was 23 percent. The worst affected economies due to the financial crisis, Spain and Greece, have an unemployment rate of over 50 percent.  Hence, Markel had said in a recent interview that youth unemployment is the most important and pressing problem of Europe. The most crucial things that Europe needs at this moment are more work forces and labour markets that are flexible.

The chancellor of Germany also called for extending the exchange system of European students to the apprentices. At this juncture, she demonstrated the dual training system of Germany as an example to the other countries in Europe. Under this system, the apprentices can also get paid while undergoing their apprenticeship. She emphasized that the problem can be cured only with smart reforms.     

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