In EU, Unemployed Youth And Employers Live In ‘Parallel Universes’

Youth unemployment in the EU has typically been two to three times higher than the general unemployment rate, but the financial crisis has pushed it ever higher, now approaching 25% across the European Union and more than 40% in some countries. Nonetheless, employers say they can’t fill positions because they can’t find people with the right skills, and according to a survey by McKinsey & Company researchers Mona Mourshed, Jigar Patel, and Katrin Suder, the main problems is a disconnect between educators, employers and potential hires. EU employers see a lack of ‘soft skills’ “Despite this availability of labor, employers…