(Press TV) The World Economic Forum (WEF) has warned that a lost generation of jobless youth in the eurozone could tear Europe apart if policymakers fail to address the chronic levels of unemployment.
The warning came on Friday, as the WEF presented its outlook on the global agenda for 2014. "There is a growing consensus on the fact that unless we address chronic joblessness we will see an escalation in social unrest," said S.D. Shibulal, chief executive of Infosys and a contributor to the report.
In addition, the WEF warned that failure to tackle the youth unemployment crisis could lead to a rise in crime rate, wreck economic recovery and worsen Europe's social situation.
The report called on governments to provide their youths with the skills and training needed to handle the evolving labor market demands.
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