Politica Internazionale

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mercoledì 31 luglio 2013

Always high European unemployment

The data on unemployment in Europe is a continuing concern. Within the euro rate remained virtually unchanged, around the value of 12.1%, with a small decrease of 24,000 units, compared to the previous month. Despite this small improvement, which is difficult to interpret, in June the jobless total was 19.26 million people, with an annual increase of 1,129,000 unemployed. Even given the whole EU show worrying signs with a percentage value that amounted to 10.9%, amounting to 26.424 million jobless. Within these numbers you can read the worrying situation of youth, in the age group below 25 years, which is at an alarming 23.9% of the unemployed, with a peak of 58.75% in Greece and 56.1 in Spain. Moreover these two countries represent the highest total since the European Union, with Madrid that is on 26.3%, with a slight decrease of 0.1% from the previous month and Athens which has 26.9%. The structural weakness of the financial Mediterranean countries continues to influence the course of the labor market, which shows all its fragility due to lack of supranational coordination. The governments of countries in crisis continue to pursue the barren path of rigor at all costs, that has the sole effect of eroding the purchasing power of households, triggering the negative cycle of the fall in consumption. The absence of expansionary policies, expansion of a well-controlled within rigid constraints, it is clear, prevents the creation of working in such quantities as to bring down the high levels of unemployment. While in Japan and the United States fought the problem of work with an extensive program of public works, for the creation of infrastructure, which have the dual task of distributing income and act as a driving force for economic recovery, through an extensive network of streets communication physical and virtual, in Europe remains fundamentally anchored to the production needs of commercial and main country: Germany. Without a more equitable distribution of resources, especially taking into account the real needs of each country, the social situation in southern Europe it is intended, with the arrival of autumn, having worrying developments. If they are launched further restrictive measures, social tensions will only explode efforts jeopardized, however, made only from one part of society, so far imposed by governments and that affected mostly the implantation of the welfare state. It is worrisome myopia with which the European central address the problem, not acknowledging the real danger of dissolution which hovers supranational organization of the continent. Hustling positive for a decrease of unemployment of only 24,000 units, up to an audience of over nineteen million, makes the idea that those who are in the control room did not prepare any recipe conclusive. Yet it would be enough to see how others have dealt with the topic, but since this possibility is granted, there remains the possibility that the Eurocrats are hostage to the trend of rigor to the bitter end. But it is necessary that these sample of rigor also change their mind for their own benefit: with emerging countries that see reduced their rates of growth, also the absorption capacity of the goods is reduced and markets high-quality, community law, has to be further more central to the strategies of economic powers, such as Germany. If Berlin does not want to see its economy contract must loosen their grip and allow to widen the purse strings, allowing funding for expansionary policies that allow, at last, in a comprehensive manner the reduction of non-employed. There are other solutions: worth the rise in unemployment also in northern Europe.

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