Youth unemployment is not a recent phenomenon. It was high over the last few decades. During the Great Recession, and the corresponding cyclical downturn, youth unemployment in EU surged markedly (it increased from 15% in 2007 to 24% in 2013). The ongoing economic recovery has led to improved labour market conditions, but the youth unemployment rate is still high. (M. Draghi – President of the ECB, 2017) Today one of six young Europeans on the labour market cannot find a job.
Involved countries have many socio-economic problems, such as high unemployment rate, brain drain, depopulation. The project is focusing on young people in risk of being unemployed. Youth unemployment rate in 2018 in project partner countries was as follows: Latvia 12.2%, Poland 11.7%, Slovakia 15.4% and Slovenia 9.7%. (Eurostat – Youth unemployment rate – % of active population aged 15-24).
The aim of the project is to strengthen the key practical competences and skills of young people during their study at secondary vocational schools (VET institutions) and also after their graduation to be more competitive and better prepared for labour market in order to better utilize local human resources, to increase economic development of rural areas and to prevent brain drain.