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Germans, French eye plan to create jobs for young

Germany and France are preparing to launch a drive to combat the problem of high European youth unemployment, which officials in Berlin say will center on trying to get business involved and make better use of already-pledged public money.Germany's labor minister, Ursula von der Leyen, said Wednesday that she and her French counterpart will meet in Paris next week along with the countries' finance ministers and European industry representatives to discuss the initiative. On July 3, Chancellor Angela Merkel plans to host a meeting of the 27 European Union nations' labor ministers and national labor agency heads in Berlin.High youth unemployment has become a pressing problem in many European countries as the effects of government belt-tightening are felt. The jobless rate among under-25s in the 17-nation eurozone was 24 percent in March, compared with the overall rate of 12.1 percent; in Greece, nearly 60 percent of young people were out of work.Many details of what the German-French ini...

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  1. Unemployment falls in 40 US states, rises in 3

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  2. Union leads march in Rome calling for job creation

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  4. EU Commission sees Greek recovery but few jobs

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  5. French Senate to vote on significant labor reform

    France's parliament is expected to pass a package of significant labor reforms the government hopes will help stop rising unemployment and jumpstart the country's st...

  6. Career Accelerator 5/14/2013

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  7. Youth Unemployment Nightmare

    FNC's Juan Williams on youth unemployment dropping.

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    FOXBusiness.com’s Kate Rogers on the costly consequences of fraudulent unemployment claims.

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    FOXBusiness.com's Kate Rogers on a report from the St. Louis Fed showing that in 2011 $3.3B was paid out in fraudulent unemployment claims.

  10. UN: Global youth unemployment rate is rising

    Youth unemployment is likely to rise globally to 12.8 percent by 2018, wiping out gains made in the recent economic recovery, the U.N.'s labor office said Wednesday....

  11. Fraudulent Unemployment Claims Rip Off the Government

    FOXBusiness.com’s Kate Rogers reports that the government is getting ripped off by fraudulent unemployment claims.

  12. Chrysler, Ford, GM, Nissan April US sales up

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    Several Federal Reserve policymakers this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as June -- if the economy ...

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  5. How the French economy compares to Germany's, UK's

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  6. House approves Keystone pipeline bill

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