Resumen de Inequality of Outcomes and Opportunities Among the Young
Young people were hit particularly hard by the recession which struck the European Union (EU) economies during 2008–2009 and have continued to experience problems during the prolonged period of economic stagnation which has followed. Although the impact of the recent economic crisis on young people appears to have been considerable, it has not been homogeneous. Countries most affected by the recession in Southern and Eastern European regions showed especially high youth unemployment rates. Difficulties on the labour market during the crisis and subsequent years have multiple consequences for the young population. Youth poverty increased and inequality between younger and older adults has widened. Moreover, increased economic hardship proved to have long-lasting effects, for example, by contributing to a delay in the process of transition to adulthood. The aim of this chapter is first to describe the evolution of the labour market situation and poverty among the young since the economic crisis.
