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.