The crisis has worsened the situation of young people in the labor market
14:24
During the crisis triggered by the Covid-19 pandemic, the highest increase in the unemployment rate was recorded among young people. Across the European Union, the unemployment rate among people aged 15-24 has risen to almost 17 percent. In 2020, the EU youth unemployment rate increased by 2 percentage points from 14.8 percent up to 16.8 percent, indicated by the public economic think tank Polish Economic Institute (PIE).
As for the older age groups, the increase in the unemployment rate was lower and decreased with age. For example, among people aged 50-54, the unemployment rate increased slightly, by only 0.2 percentage points, PIE said.
The situation of young people in the labor market depends primarily on the general condition of the economy. The higher the unemployment rate in the whole country, the higher it is also among young people – the Institute's analysts indicate.
In general, among the youngest, it is two to four times higher than among the general population of working age. Young people are the first to be dismissed and the last to be employed.
