Growing Poverty and Inequality
Austerity policies in the EU have contributed to intense economic suffering, particularly for young people and other vulnerable social groups, a new report has found. Inequality is on the rise, with growing numbers of extremely rich people alongside growing numbers at risk of poverty. 123 million EU citizens – one in every four – are at risk of poverty and social exclusion – an increase of 7 million in the six years up to 2013. An extra 8.4 million people became unemployed in the same period and almost one quarter of economically active young people in the EU are unemployed. Young people constitute the largest group in the EU that is underemployed and feels discouraged in looking for work.
These issues are highlighted in a new study entitled ‘Poverty and Inequalities on the Rise – Just social models needed as the solution!’ This is the third in a series of annual reports written by Social Justice Ireland for Caritas Europa, a European-wide advocacy organisation. Miriam Gormally talked with Michelle Murphy from Social Justice Ireland to find if growing inequality is a trend across Europe.