cross-posted from: https://lemy.lol/post/22723359
Because there are no jobs being created for the highly qualified professionals.
This results in 42% of youth under 25 being unemployed.
Also there is zero percent increase in average salaries or real wages adjusted to Inflation in the last decade.
#Jobs #Unemployment"
It depends on what is being counted as valid “employment”. Do informal labour and gig labour count?
You want someone with a PhD to fix car tyres?
They may eventually be doing that in ten years or so because the system failed to create suitable jobs for them.
That’s not what I meant. I meant that the statistic of employment among less educated youth will seem more flattering if they count what I mentioned as jobs, even though their condition will continue to be precarious.
I see
