Youth realities Poland


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Youth unemployment in Poland

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Youth realities Poland

  1. 1. POLAND Impact of the economic slowdown on the labour market was the most profound in the case of indicators related to creation and retention of new jobs; TC EEC Development academy 01-08 April 2014 Kobuleti, Georgia
  2. 2. Youth Unemployment in the EU • Around 5 million unemployed young people in the EU • 1 in 5 young people in the labour market is unemployed • More than 30 % in Lithuania • More than 40 % in Estonia, Latvia and Spain • More than 20 % in Poland
  3. 3. LABOUR MARKET Polish youth, still in the vanguard of the Europeans in terms of education, with participation rate of 70.8% of the population at the age bracket 15-24; In the years 2007-2010 Poland observed the highest growth in the employment rate in the EU-27, the employment rate increased by 4.8 PP and in 2011 reached. Declining unemployment, with the unemployment rate falling by 4.3 PP (to the annual average of 9,6% in 2010 r.), with the long-term unemployment declining by 25 PP (the larges decline in the EU-27).
  4. 4. So: MAIN REASON of YOUTH UNEMPLOYMENT – The inequalities in the labour market can be balanced by advanced education, entrepreneurial programmes and financial support for young entrepreneurs.
  5. 5. Don’t forget: Poland is still in Red Euro Area for European Structural Funds
  6. 6. 0 5 10 15 20 25 30 35 2004 2006 2008 2010 2012 2014 % years Youth unemploymentby education higher education vocational secondary generalseconadary basic vocational primaryand incomplete primary
  7. 7. 1. Support to youth entrepreneurship and self-employment In Poland: • FM Bank - who serves newly established companies with less than 12 months business history (which represent a relatively high risk for a micro-lenders and are therefore currently excluded from external financing in Poland); • Erasmus for young Entrepreneurs – business exchange programme: 2600 candidates accepted; Eur11 million spent so far.
  8. 8. 2. What could be the most important in boosting youth entrepreneurship in Poland? • Money? Culture? Incubation of resources? Human capital? 1st factor: Advanced education supports entrepreneurial entry through: • The acquisition of skills – students have more chances to develop necessary skills important for an entrepreneur, especially critical thinking, communication and teamwork, • Providing an access to certain social networks, • Sorting people by ambition and assertiveness.
  9. 9. • 2nd factor: It was confirmed while testing the effect of entrepreneurship programmes on entrepreneurial attitudes and intention of students that: – Inspiration (and not learning or resource- utilisation) was the entrepreneurial programme's benefit related to the increase of subjective norm and intention towards self- employment.
  10. 10. • 3rd factor - Work experience - gives and access to: social networks, market information, capital, potential customers. Compulsory internship at 1st, 2nd and 3rd level of HE
  11. 11. Fighting youth unemployment • Policy framework to improve youth employment • focus on fighting segmentation; provide adequate safety nets; encourage entrepreneurship;