No jobs for the young

by Bryan McGaw on September 13, 2013 - 3:57pm

     With the Greek economy at an all time low for the country in modern history, Greek students emerging into the Greek job market are going into the worst job market in Europe.  The BBC post on the 29th of May 2013 says that at 64.2% youth unemployment in Greece (between the ages of 16-25 is being called the “crisis generation”) is the cause of much concern for young Greeks in search for a job. Three years ago when Greece was bailed out for the first time since the stock market crash of 2008 the unemployment rate was at 12% and since then with spending cuts it is at 27%.  This rescission has caused a the brain drain phenomenon to start in Greece.  This is when the well educated people start to leave their home nation because conditions for work are poor so they set out to find the jobs they are suited for elsewhere.  In 2012 Greek immigration to Germany jumped to over 40%. A study showed that since 2010 more than 120,00 educated doctors, engineers and scientists have left Greece. The light at the end of this tunnel is that Glovo, a group of about 20 entrepreneurs find volunteers for large events and trains them to do jobs. They see this as a way to “shape our future and get rid of all the old negative ways of doing things.”

 

     To me this is sad to see Greece in a situation like this that only seems to get worse the more they try to fix it.  With more of their skilled professionals leaving the country to find jobs elsewhere, it makes it harder for Greece to help itself and get our of its dept.  Then when you think of the students in schools who are looking for a part time job or one when they graduate, there is nothing there for them. The feeling of no hope of future is a major problem and I know for myself would be absolutely horrible to even think about, the worry of not knowing where you’ll be in a year from now, if you’ll have a job to support yourself or not.

 

Comments

This post shed a lot of light on an issue I didn't even know existed. I understand why having such a high unemployment rate for youth would be a very troubling issue. In result, a lot of Greek students would be less likely to want to go to college since either way there will be no jobs readily available to them. Or, they won’t have a job to help pay their living costs. The fact that the qualified professionals of Greece are leaving to find work elsewhere is also very unhelpful. With them gone, Greek lacks the specialist and well educated individuals they need to help get them out of debt and help create more jobs.

This article is extremely interesting because I had no idea this was happening in Greece. It seems as if Greece is in a catch-22 situation, which you explained well in your writing. You also mentioned the Glovo, which seems like it could be a great help, however not a complete solution. I do not think one group can save Greece, no matter how hard they try. I feel for these young people because I'm in that age group and would be in that exact situation had I been born in Greece. It also scares me to think of anything like that happening to the States, even though I know it's already starting. Already the expectations are higher for graduate students, when are they going to get too high?
I really enjoyed reading your writing, you did a great job of summarizing and explaining the situation in Greece quickly and efficiently. Very good job! I look forward to researching more about this situation, thank you for bringing this to our attention.

This post was interesting to me because in America you can find young employees almost anywhere and it is not that hard for young people to get a job. It was also interesting because I did not know this was a problem, and it's sad to learn that professionals are leaving the country. It makes me wonder what Greece is going to do. It's sad to think that kids won't find jobs when they graduate college, because that is going to be me in a few years and in America it's expected to be able to find a job right after grad school. Great article!

Your post caught my attention because in the United States, a lot of our youth are finding it increasingly difficult to find jobs too. I know that unemployment is a problem all over the world, but to hear that it is so devastating in Greece is quite sad to hear. In the United States, people go to college because they hear that the only way to get a good job is to have a higher education, which requires going to university. However, once they graduate, there are often too many skilled and educated people to hire. This forces these recent graduates to find other work that either is not related to what they studied in school or is a low-paying job that doesn’t justify the degree that was earned in school. I can only imagine that this is what is happening in Greece as well as other places around the globe. It was really interesting to learn that even though our countries are so far away, we share so many similarities in our economic troubles. You do a really good job bringing up the point of an unpredictable future; young people going to school might doubt why they are even there if a job isn’t guaranteed anymore which raises a lot of concern regarding motivation to get an education and help your own nation get back on its feet. Good job on picking Greece’s unemployment as a topic to write about because I think it allows people in outside countries to compare the similarities we share, even if they are not good ones.

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