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A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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Jul 19 2012

Global Youth Jobs Crisis

High youth unemployment is increasingly becoming a global phenomenon, with youth joblessness rising above 50% in countries like Greece and Spain, while in other developed economies it is well into the double digits. ECRI first highlighted this crisis in the spring of 2011. Since then, youth joblessness has continued to grow around the world.

In this context, ECRI has just completed an in-depth study of youth unemployment covering the G7 countries and a couple of key economies in the Eurozone and Asia. We examine youth joblessness from a structural and cyclical perspective, providing important insights that carry socio-economic implications bound to challenge policymakers in the years ahead.

Related News & Events

Recession Here

Bloomberg July 10, 2012

It takes time to realize that a recession has already begun. More

 

Cold Facts Are Getting in Investors’ Way

New York Times July 15, 2012

“...sometime at the end of the year or early next year the data will be revised and we’ll start to get some clarity about when the recession actually started.” More