Where: Brussels, Belgium
Topic: Culture, education and youth
Organiser: European Commission
On 12 March, the European Commission is due to propose rules on how EU structural funds due to be allocated to the Youth Employment Initiative can best be used by Member States to fight youth unemployment.
The 7-8 February 2013 European Council proposed to set up a Youth Employment Initiative with a budget of 6 billion euros for the period 2014-20. 3 billion would come from a dedicated Youth Employment budget line complemented by at least 3 billion coming from the European Social Fund. The aim is to reinforce and accelerate measures outlined in the December 2012 Youth Employment Package in regions with levels of youth unemployment above 25%.
In particular, the funds would be available for Member States to fund measures to support the implementation of the Youth Guarantee Recommendation agreed by the EU's Council of Employment and Social Affairs Ministers on 28 February.
The economic crisis has an exceptionally severe impact on young people: EU youth unemployment rate stood at 23.6% in January 2013, more than twice as the adult rate. 7.5 million young Europeans (aged 15-24) are neither in employment nor in education or training.
Under the Youth Guarantee, Member States should put in place measures to ensure that young people up to age 25 receive a good quality offer of employment, continued education, an apprenticeship or a traineeship within four months of leaving school or becoming unemployed.
IP will be available on the day.