Out of school, out of work: Experts see bleak future for the young in many nations

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PARIS - A new report says recessions in many nations are pushing a growing number of young people out of education and out of the workforce.

The report Tuesday from the Organization for Economic Cooperation and Development — the world's most developed countries — found that 16 per cent of people from 15 to 29 are neither in school nor working. It is based on the latest figures from 2008 to 2010 — and says those trends are likely still rising due to more recent economic turmoil.

The problem is especially severe in countries most affected by the European debt crisis. Spain and Ireland saw more than 7 per cent increases. The report says this hurts "the traditional pathway from school to work or family life."

Organizations: Organization for Economic Cooperation and Development

Geographic location: PARIS, Spain, Ireland

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