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futureofromania

Analysis of the Day: The number of young people in the EU who do not work or study is decreasing. How is doing Romania?

Findings:

  • NEET rate (Not in Education, Employment, or Training) among young people in the EU has decreased: From 16.1% in 2013 to 12.5% in 2023.

  • The exception is 2020: The COVID-19 pandemic caused a temporary increase in the NEET rate.

  • One-third of EU countries have already met the 2030 target of 9%: These include the Netherlands, Sweden, Malta, Slovenia, Luxembourg, Ireland, Denmark, Germany, and Portugal.

  • Romania has the highest NEET rate among young women: 24.8% of young women in Romania are neither working nor in education or training.

  • Greece has the highest NEET rate among young men: 14.8% of young men in Greece are neither working nor in education or training.

Key Takeaway:

While the overall NEET rate in the EU is declining, there are still significant disparities between countries and gender groups. Romania, in particular, faces a major challenge in addressing the high NEET rate among young women.

Trend:

  • Long-term decline in the NEET rate: This suggests that efforts to reduce the NEET rate are having a positive impact.

  • Persistent gender gap: Young women are still more likely than young men to be NEET.

  • Country-level variations: The NEET rate varies significantly between EU countries.

Conclusions:

  • Continued efforts are needed to reduce the NEET rate: This should include targeted interventions to support young women and those in disadvantaged communities.

  • Addressing the underlying causes of NEET is crucial: This may include improving education and training systems, providing better access to childcare, and tackling discrimination.

  • Monitoring progress is essential: Data collection and analysis can help identify areas where further action is needed.

Implications for Policymakers:

  • Invest in education and training: Ensure that young people have access to quality education and training opportunities that prepare them for the labor market.

  • Support young parents and caregivers: Provide affordable childcare and other support services to help young parents and caregivers balance work and family life.

  • Tackle discrimination: Address discrimination in the labor market to ensure that all young people have equal opportunities to find employment.

  • dressing the NEET issue in order to promote youth inclusion and economic growth.

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