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Unemployment, especially among young people, is one of the enduring negative consequences of the financial crisis in Europe. The youth unemployment rate is only partially a reflection of the situation among young Europeans, as it is limited to people between 15 and 24 who are conventionally unemployed. To measure the share of young people who are not employed, and not taking part in education and training, the concept NEET (“Not in Employment, Education or Training”) has been developed.
The EEA and Norwegian Financial Mechanisms 2014-2021 are set up to contribute to the reduction of social and economic disparities in Europe. Recognising the strong link between social and economic equality and participation in the labour market, measures addressing youth employment are encouraged throughout the various programmes of the EEA and Norway Grants. In addition, the EEA and Norway Grants Fund for Youth Employment specifically aims to support transnational project initiatives that promote sustainable and quality youth employment.
We are pleased to announce the official launch of our Online Magazine related to the Fund and the projects’ activities and results.
Read more about all the 26 projects here