Edited By Ellu Saar and René Mottus
PART 3: FROM HIGHER EDUCATION TO LABOUR MARKET AND BACK
PART 3 FROM HIGHER EDUCATION TO LABOUR MARKET AND BACK 307 Chapter 13. From bust to boom and back again: social positions of graduates during the last decade in Estonia Marge Unt, Kristina Lindemann Introduction Previous research has demonstrated that young people's labour market entry chances are disproportionately affected by changes in overall labour market conditions (Gangl, 2003�. Young people's employment chances plummet during crises but they benefit more from economic booms (European Commission, 2010�. Recently, after the global economic crisis, the vulnerability of young people in the labour market featured strongly on the social agenda, as more than 5 million young people were unemployed in the European Union at the end of 2011 (European Commission, 2011�. Faced with rising levels of unemployment, it is becoming harder for young people to find work and many may decide to prolong their studies. This could be an investment for the future provided that they will have the opportunity to make use of their skills. In parallel, there is a growing proportion of young people who are neither in work nor in education or training. This proportion has increased from 10.8 per cent in 2008 to 12.8 per cent in 2010 for the EU as a whole. In Bulgaria, Estonia, Greece, Ireland, Italy, Latvia, Romania, Slovakia and Spain over 14 per cent of the younger generation is neither studying nor in employment. Thus, there are altogether more than 7.5 million young unemployed and inactive people aged 15�24 in the EU. This generation,...
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