Germany’s youth unemployment is the lowest of all countries in the EU, according to figures by the Eurostat statistics authority, wrote the Süddeutsche Zeitung on Saturday.
Just 350,000 – or just under 8 percent – of 15 and 24 year-olds were out of work in Germany in June this year, said the German Federal Statistical Office on Friday.
Meanwhile, young people are suffering across the continent with a EU-wide average of a staggering 23 percent unemployment.
“This means almost one in every four young people in the EU who wants to and can work does not have a job,“ said a spokesman for the statistics authority, wrote the paper.
In crisis-stricken southern European countries youth employment prospects are far worse than the average, with no signs of improvement, wrote the paper – in Greece and Spain over half of young people are out of work.