Monday

25th Jun 2018

Unemployment greatest concern among Europeans, says survey

  • European perceptions of their national economic situations remain very gloomy, says Eurostat. (Photo: xOchoa)

The economic crisis and its social impact is a major concern for most EU citizens, according to a survey published Thursday (20 December) by survey-group Eurobarometer.

“The proportion of Europeans who say that the situation of their national economy is rather bad or very bad exceeds two-thirds for the ninth consecutive time,” notes the survey.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... our join as a group

Unemployment, the general unchanged nature of the economic crisis, and rising prices are among the greatest concerns.

In Greece, as well as in Spain, some 95 percent of those surveyed perceive their national economies as "bad".

The unemployment figures in both countries, and in particular among the youth in Spain, has prompted talk of a so-called ‘lost generation’. Those who do find work are more likely to have only part-time jobs or are on temporary contracts.

Others are leaving the country to find opportunities where the job markets are more accommodating.

Both Greece and Spain are enduring intense financial hardship despite efforts by international creditors to prop up their economies and despite EU attempts to stabilise banking systems.

The fear of losing a job or not finding one is pervasive throughout the EU.

More than six Europeans out of 10 believe that "the worst is still to come" when it comes to the impact of the economic crisis on the job market.

It is a view held by the vast majority in Belgium (78%), Greece (78%), and Portugal (79%). In Cyprus, where the national coffer is running dry, the figure almost hits 90 percent.

Citizens in eighteen member states rank unemployment as their number one greatest worry.

The fear of government debt came out on top only in Germany. And immigration figured among the top three concerns only in the United Kingdom.

Most Europeans do not believe the national economy will improve soon.

A large majority of Europeans think the financial and employment situation for next 12 months will remain the same and almost a quarter believe their personnel finances will diminish.

Germany, Sweden and Luxembourg are at the opposite end of the spectrum.

More than two-thirds of the population in all three of these member states say that the situation of their national economies is good.

Opinion

Small businesses: silent sufferers in the economic crisis

The economic crisis is also playing havoc with entrepreneurs and small businesses who face financial ruin when their bills don't get paid. In Hungary, writes the Magdolna Csath, the situation is undermining societal cohesion.

Greece and creditors proclaim 'end of crisis'

After late-night talks, the Eurogroup agreed on a €15bn disbursement and debt relief measures for Greece, while setting out a tight monitoring when the bailout ends in August.

Greek bailout exit takes shape

At a meeting next week, eurozone finance ministers and the IMF are expected to agree on new cash, debt relief measures, and a monitoring mechanism to ensure that Greece can live without international aid for the first time since 2010.

Opinion

The risks behind the 'green bond' boom

The EU should not overuse the financial system in order to achieve environmental goals, or it risks the emergence of a green bond bubble which would be detrimental to the financial sector and hinder the achievement of climate targets.

Opinion

Eurozone needs institutional reform

Both the examples of Greece and Italy test the limits of a system with inherent weaknesses that feeds internal gaps, strengthens deficits and debts in the European South, and surpluses in the European North respectively.

News in Brief

  1. EP civil liberties committee votes for Article 7 on Hungary
  2. Report blames 2017 egg scare on lax EU enforcement
  3. Nine countries to sign up for Macron's military initiative
  4. Re-elected Erdogan potentially in power until 2028
  5. Macron's popularity drops among French pensioners
  6. Tajani calls for €6bn investment to halt migration
  7. Major demo in London for second EU referendum
  8. Venice Commission: Hungary should repeal NGO law

Stakeholders' Highlights

  1. UNESDAThe European Soft Drinks Industry Supports over 1.7 Million Jobs
  2. Mission of China to the EUJointly Building Belt and Road Initiative Leads to a Better Future for All
  3. Macedonian Human Rights MovementMHRMI Launches Lawsuits Against Individuals and Countries Involved in Changing Macedonia's Name
  4. IPHRCivil society asks PACE to appoint Rapporteur to probe issue of political prisoners in Azerbaijan
  5. ACCASocial Mobility – How Can We Increase Opportunities Through Training and Education?
  6. Nordic Council of MinistersEnergy Solutions for a Greener Tomorrow
  7. UNICEFWhat Kind of Europe Do Children Want? Unicef & Eurochild Launch Survey on the Europe Kids Want
  8. Nordic Council of MinistersNordic Countries Take a Stand for Climate-Smart Energy Solutions
  9. Mission of China to the EUChina: Work Together for a Better Globalisation
  10. Nordic Council of MinistersNordics Could Be First Carbon-Negative Region in World
  11. European Federation of Allergy and AirwaysLife Is Possible for Patients with Severe Asthma
  12. PKEE - Polish Energy AssociationCommon-Sense Approach Needed for EU Energy Reform

Latest News

  1. Rutte - from 'Mr No' to 'next Tusk'?
  2. UN offers to help EU's migrant 'disembarkation' plan
  3. Progressive CAP alternative only hope for sustainability
  4. Ponytailed green MEP joins 'the other side of the table'
  5. EU leaders still in search of migration plan
  6. Migration row at centre of EU summit This Week
  7. Merkel's woes cast shadow on EU's future
  8. Europe's tech race - trying to keep pace with US and China

Join EUobserver

Support quality EU news

Join us