European job market: No youth empowerment
The Guardian series has recently posted an interview with Mario Draghi, the Chief Executive Officer of the European Central Bank. Draghi shared his opinion on the current state on the job market. He sees the massive youth unemployment as the biggest problem.
Draghi suggests that the fact that employers tend to keep the older staff instead of giving a way to the younger professionals might result into the lower income throughout the lifetime of so called “generation Y”. The highly paid experienced employees are the last ones to be fired when the financial hardships come and the first ones to be invested into. Meanwhile, the youth is left with no future perspectives.
Draghi also blames the lack of inflation as one of the key reasons for youth lower income. He describes the situation in such a way: the savings mostly owned by the older people keep their value, while the credits that are mostly in the hands of the young generation do not erode. The president of the ECB called up the giants of the job markets to work on reducing the unemployment among young people as well as reforming the job market. He emphasizes that the current state of employment is a tragedy for the society; it shuts the door for the youth on being a complete member of society.
After some two weeks, Apple company will begin sales of the iPhone 7! Until now nothing really known about the cost of a new version of the famous tablet. Intrigue glow voiced earlier declarations of
The recent presentation of the new iPhone 7 divided all the Apple fans into two groups: one is excited about the new iPhone, another one is skeptical. Here is an important information about this
In October 2015 Tesla Motors showed the world its electric car Tesla Model S P85D. Creator of Elon Musk kept his word given to them at the beginning of the year. Sedan is now faster, now it's to
At least two unknown men attacked famous Olympic swimmer Ryan Lochte during the show "Dancing with the Stars". According to Usatoday.com, two suspects of this case have already been arrested.
Ferdinand Porsche - the creator and father of acclaimed automotive brands. More than a century ago, the band released the first hybrid car, which gave a good start to the development of the company