The true EU unemployment rate may have soared to 21.9%

On top of the 26.2 million of the unemployed, averaging at 12% of EU’s working age population, there is another 10 million of underemployed par-timers who want to work more but they don’t find employment, plus 11.5 million more of working age persons who are available to work but not seeking (9.3 million) or seeking […]

Commission: Gifts of €6 billion and free trainees to ‘help’ poor employers

This newspaper feels fully vindicated after yesterday’s announcement issued by the European Commission, stating that the EU’s executive arm is proposing a Council recommendation which will institutionalise a Quality Framework for Traineeships. This was a badly needed decision in view of the upcoming application of the widely advertised €6 billion Youth Guarantee scheme, which promises […]