YOUTH UNEMPLOYMENT PROBLEMS IN EUROPEAN UNION AND LATVIA

The purpose of this paper is to investigate youth unemployment indicators as well as policy tools to reduce youth unemployment rate, compare situation in Latvia and the European Union (EU), and to provide conclusions. The integration of young people into the labour market is an important objective and it is a key policy issue of the European Employment Strategy and in particular in the context of the Youth Guarantee, politically agreed by the European Council on 28 February 2013. However, there are large country differences among the EU member states in the labour market situation for youth and thus policy responses must be tailored to each country's circumstances.