This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lindiwe Matlali, Chief Executive Officer, Africa Teen Geeks To address youth unemployment, we need to shift youths’ efforts from seeking jobs to creating marketable opportunities for themselves.Integrating entrepreneurship and innovation into education is key.Business incubation centres and government […]Why entrepreneurship and innovation are key to addressing youth unemployment
September 22, 2021 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Lindiwe Matlali, Chief Executive Officer, Africa Teen Geeks To address youth unemployment, we need to shift youths’ efforts from seeking jobs to creating marketable opportunities for themselves.Integrating entrepreneurship and innovation into education is key.Business incubation centres and government […]The pandemic has damaged youth employment: Here’s how we can help
July 15, 2021 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Young people were left unemployed by the pandemic in far greater numbers than adults, with the effects being felt worse in lower income countries.Young women have tended to be more likely to […]The pandemic has damaged youth employment: Here’s how we can help
July 15, 2021 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Sean Fleming, Senior Writer, Formative Content Young people were left unemployed by the pandemic in far greater numbers than adults, with the effects being felt worse in lower income countries.Young women have tended to be more likely to […]COVID-19 has devastated India’s self-employed women. Here’s how to support them
June 16, 2021 by 2 Comments
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Mirai Chatterjee, Chairperson, SEWA Cooperative Federation, Self-Employed Women’s Association (SEWA) Self-employed women in India have been facing the brunt of the pandemic. The informal sector plays a pivotal role in the Indian economy – accounting for 55% of […]Unemployment worries spike around the world as coronavirus remains top global concern
June 22, 2020 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Senior Writer, Formative Content Coronavirus remains top global concern in May, according to a monthly Ipsos poll. But unemployment takes the place of COVID-19 as the chief worry in six countries. Concern about joblessness […]Harmonised Unemployment Rates (HURs), OECD – Updated: February 2020
February 11, 2020 by Leave a Comment
This article is brought to you in association with OECD. The OECD unemployment rate remained stable at 5.1% in December 2019. Across the OECD area, 32.6 million people were unemployed, around the level before the financial crisis. In the euro area, the unemployment rate declined to 7.4% in December (from 7.5% in November), the same level […]Unemployment is down across the world’s largest economies
June 13, 2019 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Charlotte Edmond, Formative Content The number of employed people in the world’s largest economies is on the rise, as workers enjoy an increasingly healthy job market. Statistics from the International Monetary Fund’s World Economic Outlook, which measures the number […]OECD: Rising employment overshadowed by unprecedented wage stagnation
July 5, 2018 by Leave a Comment
This story is brought to you in association with the Organization for Economic Cooperation and Development, OECD The OECD Employment Outlook 2018 says that the employment rate for people aged 15-74 in the OECD area (36 countries) reached 61.7% in the OECD area at the end of 2017. For the first time there are […]Italian elections: a long political limbo is ahead
March 7, 2018 by Leave a Comment
The outcome of the Italian general elections of last Sunday was disappointing leaving the country and the European Union in shock. The win of the two anti-establishment parties together with the fact that no single party managed to get the mandate of an overall majority leaves the country in a political uncertainty where a coalition […]Brexit: UK business fear of a no-deal scenario preparing for the worst
November 8, 2017 by Leave a Comment
The Confederation of British Industry annual conference which took place last Monday in London was a chance for Prime Minister Theresa May to ask for more patience from the business world. Something though that seems to have been lost as negotiations show no significant progress and time presses both sides. A survey by the Chartered […]State of the Union 2017: Juncker’s optimism about EU growth and Brexit’s impact
September 21, 2017 by Leave a Comment
It was last Wednesday when the president of the European Commission made his annual State speech address to the European Parliament pointing out the top priorities for the next year. Jean-Claude Juncker expressed his optimism for the boosting of the EU economy, trade, investment, cybersecurity, industry and democracy. The president of the EC respected the […]Has the EU economy truly revived from the financial crisis?
August 16, 2017 by Leave a Comment
Last week the European Commission published a press release regarding EU’s recovery from the financial crisis where it is mentioned that the EU, after 10 years since that start of the crisis, is back to growth because of the EU influential actions. What is more, it was announced yesterday that Germany’s gross domestic product in […]ECB intervenes to clean May’s and Schäuble’s mess
June 12, 2017 by Leave a Comment
Last Thursday 8 June, on the day the Britons were punishing Theresa May for her mistakes and arrogance, the European Central Bank under Mario Draghi was preparing for a less favorable politico-economic environment and a much longer disinflationary period. Indirectly, Mario Draghi blamed the dying out inflation on the avowed neoliberals, of the kind of […]ECB steadily continues monetary easing policy as EU economy gains momentum
April 12, 2017 by Leave a Comment
European Central Bank – Press Conference Vítor Constâncio, Vice-President of the ECB, Mario Draghi President of ECB and Christine Graeff, Director General Communications (from left to right). Location: Frankfurt . Date: 09/03/2017 © ECB, 2017 / Source: ECB – Audiovisual Service It was last Thursday when the president of the European Central Bank gave a […]Gloomy new statistics signify no end to Eurozone’s economic misery
August 8, 2016 by Leave a Comment
The economic misery of the Eurozone doesn’t seem to have an end. According to a preliminary estimate by Eurostat, the EU’s statistical service, GDP growth in the 19 member state monetary zone during the second quarter of this year was as miser as ever. On top of that, inflation continues to oscillate around zero, while […]Unemployment and exclusion brings EU cities to boiling point
June 3, 2016 by Leave a Comment
Last Tuesday Eurostat, the EU statistical service release its latest estimates about the April unemployment rate and May inflation in Eurozone, which unfortunately didn’t diverge markedly from the gloomy predictions of analysts. This week however, the same source published a very interesting survey about the labor market situation in EU. It’s a special report about […]Real EU unemployment rate at 10.2%+4.1%+4.7%: Eurostat Update
May 23, 2016 by Leave a Comment
This newspaper has been closely following the evolution of real unemployment over the past few years, on the base of Eurostat statistics. It has proved that real unemployment is much higher than the official rates. In January 2014 the European Sting, using Eurostat data, found that, in the third quarter of 2013 real unemployment was […]Conflicting statistics and bad banks haunt the Eurozone
May 19, 2016 by Leave a Comment
Last week, Eurostat, the EU statistical service, released its flash estimate of the GDP of the first quarter of 2016, finding it, in both the Eurozone and the EU28, to be 0.5% bigger in comparison to the previous period. In the fourth quarter of 2015, GDP had also grown by 0.3% and 0.4% respectively. Does […]A Sting Exclusive: “Delivering on the Environmental Dimension of the new Sustainable Development Agenda”, Ulf Björnholm underscores from UNEP Brussels
May 17, 2016 by Leave a Comment
Exclusively written for the Sting by Mr Ulf Björnholm, Head of the United Nations Environment Programme’s Liaison Office to the EU institutions. 2015 marked a turning point for global cooperation on sustainable development, with world leaders agreeing on a new UN Agenda for Sustainable Development and the Paris Agreement on climate change. These agreements represent a […]Why do overwhelming proportions of EU’s youth feel excluded?
May 16, 2016 by 1 Comment
The Eurobarometer, the public opinion analysis tool of the European Commission, interviewed 10,294 Europeans aged between 16 and 30 in the 28 EU member states between 9 and 25 April 2016, and found that most of them feel economically and socially marginalized by the crisis. Of course, there are incredible differences among the member state countries, […]Eurozone’s central bank leadership prepares for shoddier prospects
May 4, 2016 by Leave a Comment
It has become commonplace to state that the European economy still doesn’t fare well after six years of recession or practical stagnation. For good reasons however in the past few days the horizon looked particularly darkened. Negative statistical evidence and meandering statements by key people are indicative of that. Inflation or rather disinflation statistics, persistently […]No hard drivers in sight to remodel the stagnating affairs of the EU
April 21, 2016 by Leave a Comment
It’s a tautological statement to say that the euro area is an economy which barely moves ahead, towards producing more jobs and incomes for the tens of millions of the unemployed and materially deprived. However, it seems that it’s worse than that. Mario Draghi, the President of the European Central Bank, said it plainly in […]Better late than never? Commission runs now to fight energy dependency on Russia with the sustainable energy security package
February 17, 2016 by Leave a Comment
It was last Tuesday when the Commission launched a set of measures to increase energy security in the European Union. The executive arm of the EU now aims mainly at reducing dependency from countries outside the bloc (i.e. Russia), endorsing the energy union and decreasing the use of fossil fuels by replacing them with renewables. Being one […]One more country to test the EU project: Kaczynski’s Poland
January 14, 2016 by 1 Comment
Poland, with a population of 40 million or 8% of the EU is not the land locked and Russia loving Hungary that Brussels may easily pretend doesn’t exist. The October electoral triumph of the Eurosceptic, if not anti-EU, Law and Justice party (PiS) under the extreme right wing politician Jaroslaw Kaczynski, a rampant populist, decisively […]Unemployment and immigrants haunt the EU; who can offer relief?
December 10, 2015 by Leave a Comment
On Tuesday 1st December, Eurostat the EU statistical service reminded us all that in the euro area the October unemployment rate still remained in the double digit region with 10.7%. Understandably, this is the official percentage of people without a job, while the real unemployment rate may be double that, as this newspaper has proved, […]French elections: by the time the EU economy revives and the migration crisis is solved extremists could take over Europe
December 8, 2015 by 1 Comment
The National Front (FN) of Marine Le Pen won the first round of the regional elections in France while Nikolas Sarkozy’s party came second and the French President Francois Hollande was disappointingly at the third place. The entire Old Continent was shocked last Sunday when it was announced that the FN received 28% and won six out […]The Commission sees ‘moderate recovery’ but prospects deteriorate
November 9, 2015 by Leave a Comment
The European Commission released last week its “Autumn 2015 Economic Forecast”, advertising ‘moderate recovery’ for the European Union and the euro area. Understandably, the Commission wouldn’t dig deeper in the economy, to highlight the negative aspects of the present status and the subdued prospects for next year. For a number of important reasons the executive […]Why impoverishment and social exclusion grow in the EU; the affluent north also suffers
October 22, 2015 by 2 Comments
The European Union which mobilizes its warships to keep the flows of poor and destitute refugees and immigrants out of its supposedly prosperous interior, at the same is impotent to offer to its own citizens not a prosperous life but not even a secure economic and social environment. According to Eurostat, the EU’s statistical service, […]How close is Eurozone to a new recession which may trigger formidable developments?
September 3, 2015 by Leave a Comment
According to the latest statistics published in August by Eurostat, the EU statistical service, the euro area economy grew by a meager 0.3% during the second quarter of this year. Despite the fact that the mere three decimal points of more gross product typically illustrate a positive development for the Eurozone economy, there are other […]Why EU’s working and unemployed millions remain uncertain or even desperate about their future
June 25, 2015 by Leave a Comment
Statistical data for the Eurozone economy paint a rather misty picture. Labour costs, an indicator which can fairly describe the evolution of the total volume of wages, marks a distinct increase signaling a clear betterment of the situation of the working classes. On top of that, May inflation at 0.3% indicates that the rate of […]Counting unemployment in the EU: The real rate comes to anything between 16.1% and 20.6%
April 30, 2015 by Leave a Comment
Eurostat, the EU statistical service, repeated with more recent figures its memorable work on the real unemployment rate, that appeared for the first time in 2014 based on data for the third quarter of 2013. This time the Eurostat researchers worked with data for the last quarter of 2014. The new results they produced refer […]EU’s new environmental policy on biofuels impacts both the environment and the European citizen
April 15, 2015 by
The proposal of the European Commission (EC) back in 2012 regarding the reduction of traditional biofuels as renewable energy sources to 7% of final energy consumption in transport by 2020 seems to have serious chances of being adopted by the European Parliament (EP) since the environment committee was in favor of this proposal during yesterday’s meeting. […]Can the national and age groups pockets of unemployment cause irreparable damages to Eurozone?
April 13, 2015 by Leave a Comment
It’s a bit awkward to consider a drop of the unemployment rate by one decimal point of a percentage unit as economic growth, and call it a reversal to the positive region, as some Brussels dignitaries and bureaucrats do. Incidentally, the euro area unemployment rate fell to 11.3% in February, down from 11.4% in January […]
