Frank Roels
Comparing several proposals for economic growth, I focus on the number of novel, additional jobs that are predicted. Indeed, the present prospects for employment in the EU are not favorable. Although the IMF expects a return to growth in the Eurozone in 2014, and growth rates of about 1.5% in the following years, the Euro unemployment rate will increase to 12% in 2014 and will remain above 11% until 2017[1].
Youth unemployment is still more dramatic: among those 16-24 of age, unemployed are 5.6 million, or 23.5%, rising to 23.8% last December.
These figures are underestimates because of the Eurostat definition: the unemployment rateincludes only those who actively sought work
