Article

 

EUROPEAN YOUTH GUARANTEE: A NEW PATHWAY FOR THE TRANSITION OF YOUNG PEOPLE TO THE LABOUR MARKET? (p.19-40)

by

Sofia Boutsiouki, UNIVERSITY OF MACEDONIA

Keywords : Youth Guarantee, European policy, youth, labour market, employment, education and training

JEL classification : I25, I28, J20, J24

Abstract

In recent years the European Union undertakes multilevel actions in order to address the consequences of the 2008 financial crisis and the rising socio-economic challenges. The Youth Guarantee Initiative was introduced in an effort to proactively endorse youth transition to the labour market amid unfavourable employment prospects. First, the paper explores the determinant circumstances which incited such an initiative. Then, it analyses its aims and focuses on the opportunities, the challenges and the prospects of the initiative on a symbolic and a realistic basis. Finally, it highlights deficiencies that would hinder its implementation, in order to indicate potential policy interventions.