Since the global financial crisis, high youth-unemployment rates have been a problem across the world. One region that has been hit particularly hard by this problem is Europe — in both its developed economies and its emerging ones. In a recent note to clients,Bank of America Merrill Lynch’s Michael Hartnett and Brian Leung shared a chart showing the youth-unemployment rates across EU countries.
Overall, the EU youth-unemployment rate is about 20%. However, the countries with the highest rates — Greece, Spain, Croatia, and Italy – are all in the stunningly high 40% to 50% zone. These numbers are among the highest in the world. The countries with relatively low youth-unemployment rates – including Denmark, the Czech Republic, and the Netherlands- are close to 10%. Germany’s is about 7%.
Research shows that there are three main reasons why young unemployment is high. These are;
1-) Lack of Job Experience and not being adequate/Not having a Job
2-) Not having the sufficent individual experience and skills needed, mainly Foreign Langauge , professional internship, communication ,Team work.
3-) Deficiencies in finding a suitable job for themselves.(Not being able to use online tools in an adequate manner , Preparing CV , Interview techniques , Individual Research Skill , Unawareness in appropriate company-required competence)
Landing a job in this tough economy is no easy feat—especially for disadvantaged young people. They often spend weeks scouring online job boards, polishing cover letters and blasting out résumés to no avail. But what they really need to do is get an internship. It turns out that may be the easiest way to secure a full-time gig,as 69% of companies with 100 or more employees offered full-time jobs to their interns in 2015, according to a new survey.(McKinsey)
Developing new employment opportunities for young people is the one of main priorities forErasmus+ Programme. Strategic Partnerships for youth KA205 projects have many tools for developing new skills and matching labor market needs for young people.
“3I – International Internship Incubation” Erasmus+ KA205 project is designed by European Development Institute experts (Mustafa Memis, Tania Santos, Esra Gonen, Patrick Bosteels) to built upon the problems and needs that are defined above.
Purpose of the project is; edification of youth in professional adequacy and increasing employability by providing work experience through international internship.
Within this context;
First International Internship Incubation of Europe will be established in Originn Coworking.
In the said Incubation , technical education will be given to new graduates/collage students and disadvantaged youth with the aim of giving them occupational profiency.
These are ;
*Coding *Social Media Management and Digital Advertisement.
A part of Youth that take technical education and succed will have oppurtunity to do a internship in companies suitable with Co-Working fields (Cru Cowork , Nova Iskra and Matera Hub) in EU countries through a partnership created internationally and different companies in a local scale.
Youth that take technical education and do internship will go through interviews that will allow them to work in İzmir.Suitable candidates will be given work through a system which will work like this.
EDI contributes tomany international projectsas a partner institution particularly in EU funded programs such as; Erasmus+ Strategic Partnerships( Youth, Vocational Training, Higher Education, School Education, Adult Training), Cosme and Horizon.
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EDIImportance of Internship for Youth Employment in EU