Self-employment, the cash-starved Canadian Dream: Don Pittis – Business – CBC News

English: EU-27 cartogram: Do you trust the Eur...

English: EU-27 cartogram: Do you trust the European Commission? (Photo credit: Wikipedia)

 

This article by CBC News is WELL WORTH A READ. Check it out!

 

via Self-employment, the cash-starved Canadian Dream: Don Pittis – Business – CBC News.

 

As I read this article, my mind switched to Europe, especially the UK and Southern Europe where excessive austerity has led to record levels of unemployment for millennials.

 

As we have seen from recent research from McKinsey there is major skills mismatch, and most unemployed millennials are unlikely to find proper jobs in the forseable future.

 

Surely, it’s about time that the European Commission diverted some serious money to promote self-employment for millennials and remove the roadblocks like bank finance?

 

Any thoughts?

 

 

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Opinion: Education to employment: Getting Europe’s youth into work | McKinsey & Company

This is an excellent, MUST READ summary of research undertaken by global consulting firm McKinsey. Check it out!

via Education to employment: Getting Europe’s youth into work | McKinsey & Company.

Sadly if you are a millennial or parent of a millennial, you will probably take very little encouragement from this article. The article focuses on opportunities for governments, the EU and reform of education. BUT there is no direct prescription for unemployed millennials.

John Gelmini and myself have discussed the crisis facing the millennials and have concluded that millennials must help themselves, otherwise they will be consigned to remain in the lost-generation of no-hopers.

Any thoughts?

English: Oiginal '70s McKinsey Matrix Español:...

English: Oiginal ’70s McKinsey Matrix Español: Matriz de McKinsey original de los ’70 (Photo credit: Wikipedia)

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