One fifth of jobless young people are ‘over educated’

The numbers of young people out of work is escalating dramatically and the country’s highly educated generation is being seen as a problem.

Close to one in five are considered to be over-educated, the third highest after Britain and Estonia, reflecting people choosing to stay studying rather than searching for jobs that are not there.

A study by the International Labour Organisation (ILO) paints a grim picture of much of the world for the next generation and shows that in the EU, the bailed-out countries are suffering the worst.