Youth unemployment rockets

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The latest figures on youth unemployment show that almost 15 per cent of young people between the ages of 15 and 24 are without a job, a level that has not been seen since 1984.

“It is extremely difficult for young people to get onto the labour market. We are in a situation in which not many new positions are being posted on the Internet or in the newspapers,” says Nordea Chief Economist Helge J. Pedersen.

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