The crisis facing the younger generation across the Eurozone worsened last month as youth unemployment hit a new record high of 24.4% with under-25s in Spain, Italy and Portugal finding it harder to get jobs.
The grim news on on employment came as the Netherlands was stripped of its prized AAA credit rating despite the country's recent exit from a year-long recession.
Ratings agency Standard & Poor's said on Friday that weakening growth prospects showed the country would struggle to improve its financial stability and generate new jobs.
It said: "The downgrade reflects our opinion that the Netherlands' growth prospects are now weaker than we had previously anticipated, and the real GDP per capita trend growth rate is persistently lower than that of peers."
It cited weakening consumer demand, high levels of personal debt and falling house prices for keeping consumer spending and tax receipts low in the next few years. One in four Dutch homebuyers is in negative equity as a result of falling property values.
Jeroen Dijsselbloem, the Dutch finance minister, said S&P's downgrade to AA+ was disappointing when the economy had returned to growth.
S&P's action leaves only three members of the eurozone with a top rating from all three agencies – Germany, Luxembourg and Finland.
The Eurozone jobless data showed Spain's youth unemployment rate has now increased to 57.4%, only marginally below Greece's August high of 58% - which remains the highest rate of youth unemployment for any country in the eurozone's history. Italy's youth unemployment rate rose to 41.2%, from 40.5% the previous month. In Portugal, it rose to 36.5% from 36.2%.
【欧元区青年失业率达24.4% 创下历史新高】相关文章:
★ “晚婚不婚”上热搜,结婚率连跌5年,这届年轻人为啥不爱结婚了?
★ 葡萄酒的惊人好处
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15