Transcript Youth Guarantee

Youth Guarantee
 While young people often experience difficulty in transitioning
from school to work, the recent crisis has hit young people
particularly hard.
WhyYouth
Guarantee?
 In some countries, the youth unemployment rate is over 50% for
15 to 24 year olds, and the EU-28 average for the same age group
was 21.4% in December 2014.
Source: European Commission
Current
situation
 More than 33% of unemployed people under 25 had been
unemployed for more than a year in 2013.
 7.5 million young Europeans between 15 and 24 are not employed,
not in education and not in training (NEETs).
 More than 5 million young people aged 15-24 are unemployed in
the EU today.
ES
51,4 %
EL
50,6 %
HR
44,8 %
DE
7,2 %
AT
9,0 %
NL
9,6 %
 The Youth Guarantee seeks to ensure that all EU Member States
make a good-quality offer to all young people up to age 25 of a
job, continued education, an apprenticeship or a traineeship
within four months of leaving formal education or becoming
unemployed.
Youth
Guarantee
 The good-quality offer should be for a job, apprenticeship,
traineeship, or continued education and be adapted to each
individual need and situation.
 The total estimated cost of establishing Youth Guarantee schemes
in the Eurozone is €21bn a year, or 0.22% of GDP.
However, inaction would be much more costly. Young people not
in employment, education or training are estimated to cost the EU
€153bn (1.21% of GDP) a year – in benefits and foregone earnings
and taxes. (Source: Eurofound report on youth unemployment)
 The European Council has recommended that member states
implement their youth guarantee schemes as soon as possible
and ensure that they are properly integrated into EU programmes
that re co-financed from the EU budget.
How it works?
 All member states drafted their youth guarantee implementation
plans.
 These plans set out how the youth guarantee scheme will be
implemented at national level, the respective roles of public
authorities and other organisations, how it will be financed, how
progress will be monitored and the timetable.
 Significant EU financial instruments support the setting up of the
Youth Guarantee in Member States - most notably from the
European Social Fund and in the context of the so called Youth
Employment Initiative.
 The European Social Fund is part of the EU Structural and
Investment Funds and is worth more than EUR 10 billion per year.
 68% of the ESF budget goes towards projects in which young
people could potentially be one of the target groups.
ESF
 From 2007 until the end of 2013, over 25 million young people
under 25 years benefited from the ESF through training or
mentoring. In some countries, young people account for 40% or
more of all participants.
 ESF projects aim to keep young people in education by combating
early school leaving and by providing opportunities for re-entry
into formal training or education. Transition from school to work is
facilitated through mentoring and personal advice, additional
training and work placements, including traineeships and
apprenticeships.
 exclusively supports young people not in employment, education
or training in regions experiencing youth unemployment rates
above 25% (20 eligible Member States)
 The YEI funding (€ 6,4 billion) comprises of:
 € 3,2 bilion from a specific EU budget line dedicated to youth
employment (frontloaded to 2014- 2015)
YEI
 € 3,2 bilion from the ESF allocations to the Member States for the
2014-2020 programming period
 YEI pre-financing in 2015 - € 1 bilion (30% of the specific allocation
instead of the original 1-1.5%)
 Since Youth Guarantee isn't a law, its implementation relies on the
willingness of the municipalities to act.
 Huge differences between different municipalities
Problems
 Not too much extra resources for implementing Youth Guarantee.
 The communication of the guarantee hasn't been that great.
Different stakeholders still remain unsure of their role in the
implementation of the guarantee
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http://www.empleo.gob.es/es/garantiajuvenil/home.html
http://www.gzm.hr/
Thank you for your attention!