Tuesday

26th Sep 2017

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.

Thank you for reading EUobserver!

Subscribe now and get 40% off for an annual subscription. Sale ends soon.

  1. €90 per year. Use discount code EUOBS40%
  2. or €15 per month
  3. Cancel anytime

EUobserver is an independent, not-for-profit news organization that publishes daily news reports, analysis, and investigations from Brussels and the EU member states. We are an indispensable news source for anyone who wants to know what is going on in the EU.

We are mainly funded by advertising and subscription revenues. As advertising revenues are falling fast, we depend on subscription revenues to support our journalism.

For group, corporate or student subscriptions, please contact us. See also our full Terms of Use.

If you already have an account click here to login.

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.

EU takes time to ponder tech giant tax

The EU commission published a paper that outlined several options on how to increase tax income from internet companies' activities, but fell short of proposing legislation.

EU commission changes gear on trade

The EU executive seeks new deals with Australia and New Zealand, while aiming to overhaul the global investment protection system. It also wants to screen foreign investments.

Investigation

EU bank accused of muzzling watchdog

An ongoing review of the the European Investment Bank's "complaints mechanism" could make the oversight branch less independent and less effective.

Stakeholders' Highlights

  1. EU2017EEEU Finance Ministers Agreed to Develop New Digital Taxation Rules
  2. Mission of China to the EUGermany Stands Ready to Deepen Cooperation With China
  3. World VisionFirst Ever Young People Consultation to Discuss the Much Needed Peace in Europe
  4. European Jewish CongressGermany First Country to Adopt Working Definition of Antisemitism
  5. EU2017EEFour Tax Initiatives to Modernise the EU's Tax System
  6. Dialogue PlatformResponsibility in Practice: Gulen & Islamic Thought
  7. Counter BalanceHuman Rights Concerns Over EIB Loan to the Trans Anatolian Pipeline Project
  8. Mission of China to the EUChina Leads the Global Clean Energy Transition
  9. CES - Silicones EuropeFrom Baking Moulds to Oven Mitts, Silicones Are a Key Ingredient in Kitchens
  10. Martens CentreFor a New Europeanism: How to Put the Motto "Unity in Diversity" Into Practice
  11. Access MBAGet Ahead With an MBA Degree. Top MBA Event in Brussels
  12. Idealist QuarterlyIdealist Quarterly Event: Building Fearless Democracies With Gerald Hensel