A quarter of the European Union 's 16 to 25 year - olds are out of work . Studies by the International Labour Organization have shown those who have trouble finding work initially often end up stuck with lower wages for years to come as they give up on their dream and settle for a different career . Member states have agreed to job and training assistance schemes . They also plan to roll out one billion euros to the hardest hit countries . EU Employment Commissioner Lazlo Costa says ' there is no silver . '
A quarter of the European Union 's 16 to 25 year - olds are out of work . Member states have agreed to job and training assistance schemes . They also plan to roll out one billion euros to the hardest hit countries . EU Employment Commissioner Lazlo Costa says ' there is no silver . '