As Eurozone unemployment falls for the first time since 2011, the picture is still far from rosy. Especially if you're young.
Youth unemployment is now less than 10 per cent in only two Eurozone states – Germany and Austria.
In June 2013, 5.512 million young persons (under 25) were unemployed in the EU27, of whom 3.526 million were in the euro area. Compared with June 2012, youth unemployment decreased by 43 000 in the EU27 and increased by 43 000 in the euro area. In June 2013, the youth unemployment rate was 23.2% in the EU27 and 23.9% in the euro area, compared with 22.8% and 23.0% respectively in June 2012. In June 2013, the lowest rates were observed in Germany (7.5%), Austria (9.3%) the Netherlands (11.0%) and Malta (11.2%), and the highest in Greece (58.7% in April 2013) and Spain (56.1%).