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180 Niţă, D.; Fleşer, A. supported by statistical data. For example, why are the figures on the unemployment rate among the population up to 25 years important The ability to create new jobs is reflected best in the employment of young people. Youngsters are the cheapest labour force on the market, which is why any newly created position should be occupied mainly by them. Unfortunately statistics show something else. Despite the difficulties, young people represent a resource for the present and the future of any country. Therefore, countries should qualify any kind of support given to young people as an investment because communities that cannot treat youngsters as a resource reduce considerably their chances to compete within the global economy. 2. SHORT SUMMARY OF THE SITUATION OF YOUNG PEOPLE ON THE LABOUR MARKET IN THE EUROPEAN UNION The realities on the labour market show that an impairment of employment indicators brings about further deterioration of the situation of youngsters on the labour market, i.e. a decrease of the share of employed youngsters from the total of people employed, disturbing percentages of unemployment among youngsters, etc. The number of young people (as defined by the International Labour Organization, a young person is someone aged between 15 and 24 years old) who are looking for a job has increased from 4 to 5.5 million since the financial crisis, the unemployment among young people currently reaching almost 21% at EU level (http://ec.europa.eu). Figure 1. Trends in unemployment rates among young population
Youngsters - Disadvantaged Group on the Labour Market … 181 45,0 40,0 35,0 32,9 32,8 30,0 27,8 23,2 25,0 22,4 18,3 20,0 13,8 15,0 9,9 10,0 5,0 0,0 Belgium Bulgaria Czech Rep. Denmark Germany Estonia Ireland Greece 41,6 27,8 23,7 Spain France 16,7 Italy Cyprus 35,1 34,5 Latvia Lithuania 15,8 Luxembourg 26,6 Hungary Malta 13,0 8,7 8,8 Netherlands Austria 23,7 14,7 Poland Slovenia 33,6 Slovakia 25,2 21,4 19,6 Finland Sweden UK Figure 2. The unemployment rate among young people up to 25 years According to an analysis of the development of the indicator that reveals the situation of unemployed persons under the age of 25 on the labour market within the EU one can observe that: - the global crisis has seriously affected the unemployment rate among young people, which increased by almost 5 % in 2009 (from 15.7 % in 2008 to 20% in 2009), and it continued to grow in 2010 by 0.9% as compared to the previous year; - along with the crisis, the increase in unemployment rates among young people occurred at the level of all European Union countries; - the lowest rate of unemployment among the young population were recorded in Austria and Denmark, while the greatest values were registered in the Republic of Poland, the Slovak Republic and Bulgaria; - in relation to the European average, Romania recorded higher values, except for the year 2009 when the pace of increase was below the European average (in Romania unemployment among young people increased from 18.6% in 2008 to 20,8% in 2009 as compared to the growth from 15.7% to 20% at the EU level). The dimension of unemployment rates for young people at European Union level is due to certain specific aspects, such as: - the average period of time for searching for a job increased significantly over the past few years, thus discouraging young people in their search for a job; - the discrepancies between the chances of hiring an educated young man and one without studies are also increasing, so that not only the time needed to search for a job for a young specialist is shorter as compared to a young man without education, but also the unemployment rate registers a considerable difference; - the European Union is the region where unemployment is most closely related to the education of youngsters, and the chances of employment decrease in proportion to the fewer years of study. The highest values of unemployment among young
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Annals of the University of Petroş
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Concerns on Labour Power Selection
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Regional Development - Past, Presen
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Forms of Tax Evasion in Romania. An
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4. CONCLUSIONS Forms of Tax Evasion
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Mitigation of the Crisis Effects in
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Guiding Marks Regarding the Reasoni
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The Influence of the Mining Unions
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Integration process in management s
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Integration process in management s
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The Use of Ranking Sampling Method
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ERP and BI Implementation in Romani
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Romanian Companies Dilemmas-Busines
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Proposal for Strategies to Build Mi
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Trust in B2B e-Marketplaces 117 of
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Trust in B2B e-Marketplaces 119 in
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The Role of Accounting Information
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The Utility of the Barter Agreement
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The Utility of the Barter Agreement
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Restructuring and Reform in the Jiu
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Sovereign Risk Assessment under Eco
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The Evolution of Marketing Methods
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The Race to the Bottom and Its Impa
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The Race to the Bottom and Its Impa
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Types of Decisions Based on Multi-C
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