Unemployment causes demographic shifts in Europe
- Youth unemployment in Europe is causing significant demographic shifts as qualified, university educated young people look overseas for meaningful work.
- In particular, large numbers of Spanish and Portuguese youth are finding better opportunities abroad, with former colonies being among the more popular destinations.
- Euractiv.com reports that twice as many Spaniards left the country in the first half of 2012 than in the same period last year (40,000), and 229,000 foreign nationals also went elsewhere.
- Portugal has witnessed a similar trend, with an estimated 120,000 nationals moving abroad in 2011.
- It is shocking that more than half of all young people in Spain and a third in Portugal are out of work at the moment.
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