Young and Jobless in Europe: 'It's Been Desperate' - The New York Times - 0 views
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Her job as a personal assistant at a London architecture firm, where she had worked for two years, was eliminated in September, leaving her looking for work of any kind.
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After scores of rejections, and even being wait-listed for a food delivery gig at Deliveroo, she finally landed a two-month contract at a family-aid charity that pays 10 pounds (about $13) an hour.
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The jobless rate for people 25 and under jumped from 14.7 percent in January to 17.6 percent in August, its highest level since 2017.
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But in Europe, the pandemic’s economic impact puts an entire generation at risk, according to the Organization for Economic Cooperation and Development.
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Graduates are facing unprecedented competition for even entry-level positions from a tsunami of newly laid-off workers.
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The scarring effects may linger. “If you’re unemployed earlier on in your career, you’re more likely to experience joblessness in the future,” said Neal Kilbane, a senior economist at Oxford Economics.
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Many are resorting to internships, living with parents or returning to school to ride out the storm. Young workers without higher education risk sliding even further.
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Ms. Davis recently took a four-week gig conducting surveys for a car company. It pays Britain’s minimum wage of £8.20 an hour.
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The work leaves her with less time to push out job applications, and she wonders when she will get an opportunity to start a career in occupational psychology.
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“I have energy, and I know how to roll up my sleeves at any sort of job,” Mr. Palumbo said. “But everything is stuck, and my hands are tied.”
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To earn extra cash, she babysits occasionally and would tend bar at night if she could. But her current workload leaves her exhausted with little time to spare.