Wednesday, February 8, 2017

Young people “neither nor” drop in 2016 but continue to be more than 300 mil – Observer

The number of young people aged 15 to 34 years who does not have a job and is not studying or training remained in 2016 above 300 thousand, although it has reduced by 0.3 percentage points over the 2015.

according To the data released by the National Statistics Institute (INE), this Wednesday, on the set of 2016, with a share of 13.2% (301,1 thousand) of the total of 2,279 million young people aged 15 to 34 years, had no job and were not studying or in training.

The pair of young unemployed (15 to 24 years old in 2016 stood at 28%, down four percentage points compared to 2015),the european institutions have shown strong concerns with the high number of young people not working nor studying or are in training.

in Comparison to the year 2015, the rate of the so-called young people "neither nor" decreased by 0.3 percentage points (to 10.7 thousand), and this decrease was more pronounced for women (by 0.5 percentage points, or by 9.7 thousand), in the age group of 15-to 19-year (1.0 percentage point or 5.5 thousand), and among those who completed higher education (0.9 percentage points or 3.9 thousand).

Considering just the fourth quarter, the rate of young non-employed who are not in education or training decreased by 0.3 percentage points (7,0 thousand) to 13%, which resulted from a decrease among women (by 0.8 percentage points) that more than offset the increase for men (0.2 percentage points).

By level of education, there has been a decrease in the quarterly rate of young non-employed who are not in education or training among those who completed the secondary and post-secondary (0.6 percentage points) or higher education (0.7 percentage points).

Already the rate of those who completed, at most, 3.º cycle of basic education increased by 0.4 percentage points, signals to the INE.

with Respect to 4.First quarter of 2015, the percentage of young people aged 15 to 34 years who were not employed, nor in education or training, decreased by 0.6 percentage points.

THE INE released also on Wednesday, that the unemployment rate of the global average computed for 2016 decreased by 1.3 percentage points over the 2015 to 11.1%, down from the estimate of the Government, while remaining unchanged in the fourth quarter, to 10.5%.

the behavior of The unemployment rate for the whole of 2016 was well in line with the expected by analysts contacted by Reuters, who projected to be between 11% and 11.1%.


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