Italian young entrepreneurs fighting back against recession

Nov 04, 2013 750

A lot of media keep on stressing that Italy's jobless rate keeps on raising beating any expectations, highlighting that companies are failing to hire among concerns about the persisting recession, or that young people can only find a job "on the black", which means that they are "employed in the shadow economy, without a contract or the rights that go with it".

The problem of unemployment in Italy, and especially youth unemployment, is undeniable. According to Bloomberg data, the September rate (above 12.3 percent) was the highest since 1977, while rate for people between the ages of 15 and 24 rose to a historic high of 40.4 percent in September from 40.2 percent.

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Fonte: This is Italy

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