Everything suggested that young people who left training in 2019 would suffer the same fate as their predecessors who entered the labor market in the midst of the economic slump.
But while the subprime crisis in 2009 had jumped the unemployment rate of young entrants by 3.1 points between 2007 and 2011, the worst seems for the moment to have been avoided for the current generation who has not, like we feared, been
"sacrificed"
on the altar of the Covid ...
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Youth employment: companies are hiring hard
Despite the earthquake that brought down entire sections of the economy, 1.3 million young people under the age of 26 were recruited between August 2020 and January 2021 on permanent or fixed-term contracts of more than 3 months, despite the crisis.
That is to say a level of hiring almost equivalent to those of 2018 and 2019. The reason for this resistance is to be found on the side of public aid, and in particular the envelope of 6.7 billion euros invested via the plan "1 young, 1 solution ”to encourage the recruitment of young people from summer 2020.
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