Decent Work and Development of Youth Entrepreneurship - In details

Justification for objective selection

During the economic crisis, young people were among the most vulnerable groups affected and have been faced with many challenges in terms of entering the job market and / or their professional progress. The economic crisis has had a negative impact on the country’s productive capacity, while the decline in aggregate demand – and therefore in production – does not easily create new and quality jobs and even exacerbates labor market prospects. This phenomenon is particularly noted among young people, where numbers demonstrate the highest levels of unemployment among all age groups of the workforce. Labor and income uncertainty is an inhibiting factor for young people trying to make their transition to adulthood and can also lead to social exclusion, health problems and negative prospects for family planning. At the same time, it has been found that specific populations among young people, such as young women, young immigrants, young people with disabilities, etc., have even fewer opportunities for professional rehabilitation. It is also important to note that undeclared work mainly affects young people, as Greece has, over time, seen one of the highest levels of shadow economy and undeclared work among the countries of the European Union.

At the same time, the situation in the field of youth employment is now described by the following, new data:

  • Constantly changing working conditions and forms of employment for employees.
  • Emergence of new, flexible forms of employment such as homeworking and teleworking.
  • Significant increase in the number of people working part-time or being self-employed.

Although in situations of deep economic crisis, securing jobs for the largest part of the population is a priority, nevertheless, emphasis should be given to good working conditions and work quality. This is because working conditions and work quality are two crucial factors for smart, sustainable and inclusive growth: Firstly, because a good working climate creates more general job satisfaction and leads to the achievement of business goals, making organizations more competitive with the concept of attracting and engaging high-level human resources. Secondly, because the demographic challenge has drawn attention to working conditions, since the aging of the European working population requires attention to be paid to two issues: (a) ensuring that demanding working conditions can be taken by an increasingly aging workforce; and (b) that work is viable throughout life, which will allow the expansion of working life.

Against this background, and given that young people today are a better trained workforce than ever in the past, we have to create the conditions that will allow us to:

  • Design jobs that make full use of young people’s skills.
  • Promote lifelong learning to develop and prevent skill devaluation, especially as inequalities are increasing and unemployment remains high.
  • Give young people the opportunity to identify the fields of their potential business initiatives.

Although Greece is ranked average in innovation performance when compared with other countries, the promotion of young entrepreneurial initiatives with an emphasis on high added value goods and services, as well as the focus on new and innovative products, services and sectors are a prerequisite for substantial growth and growth in employment. Empowering young people and boosting their entrepreneurship is linked to the 8th Sustainable Development Goal of the UN Agenda 2030 (A / RES / 70/1, 2015), which aims at the full and productive employment and decent work for all by 2030. It is also important that the EU’s youth strategy for the period 2010-2018 has set as one of its key objectives the creation of more opportunities in equal terms in the labor market. In this context, the European

Commission has undertaken two relevant actions in the field of youth policies:

  • Strategy Europe 2020, which focuses on young people and sets different goals for their benefit. It focuses on young people neither in employment nor in education or training (NEETs), and supports youth entrepreneurship and innovation.
  • The Youth Guarantees (2013 / C 120/01) aiming at early intervention and guidance for young people after completing their studies so as to stay in touch with the labor market through finding a job, professional training or apprenticeships. The aim of this initiative is to reduce youth unemployment and to create a package of preventive measures aimed at strengthening the demand for youth labor, acquiring and developing young people’s skills, and at their smooth transition from education to employment.

These facts stress the importance of measures and initiatives through the mobilization of all agencies and bodies involved in the design and implementation of policies on education, employment and entrepreneurship within the context of subsidiarity.

Sub-project 3.1: Creating decent and sustainable jobs for young people and addressing youth unemployment.
Sub-project 3.2: Supporting youth entrepreneurship
Sub-project 3.3: Appropriate preparation of young people for entry into working life.

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