Average Unemployment

Listen to part of a lecture in an economics class and answer the question. The average unemployment rate in the European Union is officially around eleven percent. This doesn't look at the differing rates between countries. This number can be inaccurate as there are many jobs to be found in the sector called social economy. Do you have any idea what social economy could be Welfare Part of the European Union is on social assistance and it's considered a job. In a sense welfare is correct but your explanation is way out in left field. This sector, accounting for six percent of all jobs in Europe, is made up of firms and organizations that have goals that go beyond making money. Their main goal is to improve the quality and accessibility of their products in addition to increasing the quality of life of their members and employees by educating and training them. Many of these companies focus more specifically on helping build basic job skills in the most needy people. Young people who may never have worked and older long-term unemployed people. The second group is mostly men who once worked in traditional industries and who find the skills that gave them status are no longer in demand. People working in this sector often have multiple problems, not just the fact that they are unemployed.They range from educational failure to family and housing problems and alcohol or drug abuse. All of those people have their own abilities and skills. They are people who are taking responsibility for their own future given proper support.