Spanish Youth Live at Increasing Risk of Poverty

Editado por Juan Leandro
2014-01-30 11:47:50

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Madrid, January 30 (RHC)-- Spain’s economic recession is taking its toll on children’s well-being with more than one-third of Spanish children living at risk of poverty. The aid charity Save the Children blamed the mounting child poverty on the government’s crippling austerity measures, saying the austerity policy has worsened the situation.

According to the organization, more than 2.8 million or almost 34 percent of Spanish children under-18 years of age lived "at risk of poverty or marginalization" in 2012.

An official EU measure of various aspects of economic hardship showed that unemployment among Spaniards under the age of 25 reached a new high of 56.1 percent. The figure means that a quarter of the 3.5 million unemployed youth across the Eurozone are Spaniards.

Spain has been struggling to weather its worst economic crisis since World War Two, which has left millions of Spaniards jobless and unable to make a living. The country began in the third quarter of 2013 to crawl out of its second recession in five years. Its economy collapsed into recession first in the second half of 2008, as a result of the global financial downturn.



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