Our future? Looks like a recipe for disaster they've created.

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Mass unemployment angers European youth
Published: Jan. 2, 2011 at 4:52 PM



ROME, Jan. 2 (UPI) -- Violent protests in Southern Europe reflect growing anger and despair among youth shut out of a future, economists and political observers say.

The most highly educated generation in the history of the Mediterranean is facing one of its worst job markets, experts warn.

In Italy, where university cuts have provoked protests, President Giorgio Napolitano warned of "the pervasive malaise among young people" in his year-end address, The New York Times reported.

Former Prime Minister Giuliano Amato told the Corriere della Sera newspaper, "The older generations have eaten the future of the younger ones."

Even before the economic crisis, low growth and rigid structures made finding work difficult in Italy, Greece, Spain and Portugal. With austerity, more people are fighting over fewer opportunities, and youths struggling to enter the market face older workers who won't or can't retire.

Some young people take to the streets, others emigrate and many more suffer in silence, living in their childhood bedrooms because they cannot afford to move out. Many spend years working in unpaid or barely paid internships and training programs.

And as pensioners live longer, fewer young workers are paying less in taxes to support them.

www.upi.com