YOUTH UNEMPLOYMENT - PROBLEM OF THE EUROPEAN LABOR MARKET

Young workers (15-24 years) are the most affected by the consequences of the economic crisis and the subsequent recession. There is the highest risk group in terms of unemployment on the European labor market. The youth-unemployment rate is persistently significantly higher than average unemployment rate. The European Union is working to reduce youth-unemployment rate in line with the main EU target of achieving a 75 % employment rate for the working-age population. Main framework is the Europe 2020, a strategy for smart, sustainable and inclusive growth, especially Youth on the Move - it is comprehensive package of policy initiatives on education and employment for young people in Europe. Furthermore, the European Commission adopted a series measures to tackle youth unemployment. Key initiatives include: Youth Employment Package (2012), Youth Employment Initiative (2013) and also communication Working together for Europe's young people - A call to action on youth unemployment (2013). The article is focused on the main causes of unemployment including youth-unemployment. It is looking for answers to questions: There are effective tools to reduce the unemployment rate? What is the importance of education for better employment of young people in the labor market?