Unemployment does not decrease in the OECD area, but neither does it increase. The Parisian organization today communicated the data on the jobless for July, which remained nailed to 8,2% for the fifth consecutive month. How to say 44,5 million people without a job. The situation is even worse if the lens of the objective is narrowed down to the Eurozone, which stops at 10%. The French are just below the average, grappling with unemployment between 9,8 and 9,9%. At a greater distance Italy (8%) and Germany (6,1%). Much worse situation for Portugal (12,3%), Ireland (14,5%) and above all Spain (21,2%).
The OECD has also launched an appeal for governments to deliver on their education commitments. The message is clear: we need to invest in school, because in the long run public budgets will benefit from it. Unemployment among graduates is in fact much lower than the general one: only 4,4% on average for OECD countries in 2009.
“The cost for individuals and society of young people who leave school without a diploma continues to rise – said the secretary general of the OECD, Angel Gurria -. We must avoid the risk of a lost generation. Despite the difficulties in public budgets, governments must maintain high investments to ensure quality education, especially for young people most at risk".
