Spain shows that youth often bear brunt of bad labor market

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According to Holger Schäfer, a labor market expert with the Cologne Institute for Economic Research, young people are often the first to lose their jobs when economic crisis hits.

“In crisis situations, young people have a harder time than other age groups because they haven’t been with their companies as long,” he said.

These workers are often on short-term contracts and often haven’t had time to develop special skills and knowledge that are specific to that company. Thus, they are often the first to lose their jobs when downsizing becomes necessary.

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About Giorgio Bertini

Director at Learning Change Project - Research on society, culture, art, neuroscience, cognition, critical thinking, intelligence, creativity, autopoiesis, self-organization, rhizomes, complexity, systems, networks, leadership, sustainability, thinkers, futures ++
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