Nov 7, 2012

Young Italians wrestle a job market that favours old, unfireable

The jobless rate for young Italians is now 35%. Some are starting companies, some swallowing their pride and taking jobs they hate -- and some are turning to suicide, writes Josephine McKenna from Rome.

Filippo Maria Capitanio is something of a rarity in Italy. He is young and employed. Not only that, he is an entrepreneur with big ideas and he is only 26.

As the economic crisis deepens across Europe, Italy’s unemployment rate is now close to 11% but the jobless rate among those aged between 14 and 25 has just hit 35.1%, according to the latest government figures. There are now 2.8 million Italians out of work and at least one in three young Italians is jobless.

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