The Covid generation facing the economic crisis

Audio 19:30

A distribution of food for students in need is organized in front of the campus of the University of Marseille on November 17, 2020 (Illustrative image).

AFP - NICOLAS TUCAT

By: Juliette Rengeval Follow

23 min

They are young, they are starting out in life, in a world in crisis.

Health crisis, economic crisis: difficult for the Covid generation to project themselves as the future seems uncertain and the present scary.

Publicity

Italy

's public debt has been on a roll for a long time

.

But, with nearly 2,600 billion euros and 158% of GDP according to forecasts for 2021, the weight of this debt has become a real burden, especially for the younger generations, while the European recovery plan is being negotiated. . 

Eric Senanque.

The question of universal income is once again topical

To cope with the rise in poverty,

Spain

has introduced a minimum living income of 463 euros per month for an adult living alone.

More than a million people have already asked for this help.

And the files are pouring in with the crisis, especially from young people over 23 years old.

They are the ones who suffer the most from the economic consequences of the health crisis, especially with the destruction of jobs in tourism-related services.

Unemployment among those under 25 exploded in 2020, reaching 40%, the highest rate in the OECD.

Diane Cambon

, our correspondent, met two beneficiaries of the minimum living income.

When, in

France

, some members of the majority suggest granting loans to young people affected by the crisis, rather than social assistance like the RSA, the city of Amsterdam, in

the Netherlands

, goes further.

A year ago, it launched a support system for young people: to help them repay their debts more quickly so that they can consider their future more calmly.

According to the OECD, households in

the Netherlands

are among the most indebted in the euro zone.

In 2019, the average debt amounted to 39,000 euros.

And it is very difficult to start life with this weight on your shoulders.

The explanations of our correspondent

Anne Leray

.  

The career guidance market is changing

How to choose your orientation?

Young people and parents are advancing blindly, while the number of executive job offers published on the Apec site fell by nearly a third in 2020 compared to the previous year, and that prospects for the next few months are not very encouraging.

Several start-ups have understood this well, and in recent years have entered the career guidance market.

Like MyJobGlasses which offers to connect students and professionals via a platform.

It allows students to interact with professionals, in particular through Visio exchanges.

The explanations of

Frédéric Voyer

, the co-founder of the company, and

Rayan ABA

, student in Rouen, in business school and registered on the platform since September.

The boom in dating apps

Love goes digital in times of health crisis.

And that's a godsend for dating apps.

In Athens,

Greece

, for lack of cafes and nightclubs, urban youth are turning to Tinder, Badoo or even Facebook Dating, which thus manage to attract a new audience, who had never used it before.  

World leader in the dating apps market, which it controls at nearly 60%, the American "Match Group" - which notably owns Tinder and Ok Cupid - thus saw its revenues during the pandemic increase by more than 2 billion dollars. euros in one year (between 2019 and 2020) while the number of new users has climbed by nearly 15%.

Meetings signed by

Joël Bronner

.

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  • Economic crisis

  • Employment and Work

  • Coronavirus

  • Italy

  • Spain

  • France

  • Netherlands

  • Greece

  • Youth

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