1. The issue discussed in this article is that a very high percentage of people under 25 are unemployed as well as long term unemployed. Many have left the labor force entirely because looking for a job was taking too much time and they weren't having any success. The article states that the unemployment of young people has doubled since the economic crisis in Spain began and that six out of ten unemployed people are male.
http://www.20minutos.es/noticia/1776591/0/paro/jovenes/larga-duracion/
2. In class we discussed how income is one of the factors that can cause a demand curve to shift. If more people are unemployed, then they will be less likely to participate in consumption and thus the demand curve will shift to the left. Due to the fact that the majority of those unemployed are under 25, it is possible that the productivity of the country will decline because more and more young people will be unemployed and discouraged from trying to find a job which will cause the future GDP of the country to fall.
3. The current economic crisis occurring in Spain is what led to this decline in the employment of younger people. It has become increasingly difficult to find a job since this crisis began so after months or even a year of searching most people give up trying. A possible solution is for the government to invest more money in education so that more people are qualified for jobs and thus the search time could be reduced and less people would be discouraged or insecure about their employability.
They can be called unemployed if they are still seeking a job. If they stop applying for job, they must be called jobless people, not unemployed.
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