Europe’s Lack of Higher Education Leads to Greater Youth Unemployment Rates

In almost every country in Europe, the youth unemployment rate exceeds the total unemployment rate. These high rates are having a negative impact on the consumer goods industry, as unemployed young people lack spending power. Speculation is mounting that higher education is no longer worth the cost, and some institutes in Europe are reporting falling rates of attendance. However, Carrie Lennard, Government, Labour and Education Manager at Euromonitor states that those who have a lower education are less likely to be unemployed.Lots of brands claim to be number one… but can they prove it?At Euromonitor International, we help brands build trust through evidence-based research. Our claim validation service ensures your marketing messages are backed by real data. Stand out in a crowded market. Visit euromonitor.com/claims to learn more.