Global youth unemployment presents a stark picture of economic divergence. South Africa tops the chart at a staggering 58.5%, while developed economies show vastly different realities.
European markets paint a mixed canvas: Spain grapples with 25% youth joblessness, Italy sits at 20.6%, and France records 18.3%. Emerging economies show variation too—Turkey at 14.9% and Saudi Arabia at 14.7%.
Anglophone nations demonstrate relatively stronger employment: Canada registers 14.1%, the UK 12.7%, the US 10.4%, and Australia 9.6%. Meanwhile, the Netherlands and Germany showcase resilience at 9% and 6.6% respectively.
These figures matter beyond traditional finance—they signal potential shifts in monetary policy, consumer spending power, and even the talent pool flowing into Web3 and crypto sectors. High youth unemployment often correlates with increased risk appetite among younger demographics exploring alternative assets.
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TokenDustCollector
· 11-30 10:51
South Africa 58.5%... Oh my, this data is enough to make one despair, while Germany is only 6.6%, the gap is absurdly large.
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SandwichTrader
· 11-29 20:52
58.5% in South Africa is really outrageous. If I were a young person, I would have already made a move... However, it's understandable that these unemployed friends are turning to crypto, right? When there are no opportunities, you have to take a gamble.
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StakeTillRetire
· 11-29 20:52
58.5% in South Africa? That number is so desperate... No wonder the young people there want to take a gamble 🎲 In contrast, Germany has only 6.6%, where people are just working hard. But then again, places with high unemployment might actually attract more crypto players; it's a bit ironic.
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MoneyBurner
· 11-29 20:52
South Africa 58.5%? This data is ridiculous... But speaking of which, the higher the unemployment rate, the more young people dare to go all in on encryption, I am familiar with this logic. Last time I saw it in my Spanish friend circle, a 25% unemployment rate drove them into the crypto world to do arbitrage. Germany's 6.6% is too stable, no wonder people there don't engage in high-risk assets, lacking that kind of determination to burn boats.
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VitalikFanboy42
· 11-29 20:49
58.5% in South Africa is outrageous; it's completely two different worlds compared to developed countries... By the way, how did Germany manage to have only 6.6%? Are all the young people being snatched up by tech factories?
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PanicSeller
· 11-29 20:48
South Africa 58.5%... This is real despair, while those European countries are still quibbling, we young people have to think about how to get into coins.
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SnapshotLaborer
· 11-29 20:43
58.5% in South Africa? That number is quite heartbreaking... On the contrary, the more unemployed young people there are, the more likely they are to be attracted to Web3. Since there is no hope in traditional employment, they might as well go all in in the crypto world.
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potentially_notable
· 11-29 20:41
58.5% in South Africa is really absurd, how desperate must it be... In contrast, Germany is only at 6.6%, the gap is huge. But to be honest, the high unemployment rate has actually pushed a group of young people into crypto? This is definitely something to pay attention to, after all, when there's no food to eat, the appetite for risk increases.
Global youth unemployment presents a stark picture of economic divergence. South Africa tops the chart at a staggering 58.5%, while developed economies show vastly different realities.
European markets paint a mixed canvas: Spain grapples with 25% youth joblessness, Italy sits at 20.6%, and France records 18.3%. Emerging economies show variation too—Turkey at 14.9% and Saudi Arabia at 14.7%.
Anglophone nations demonstrate relatively stronger employment: Canada registers 14.1%, the UK 12.7%, the US 10.4%, and Australia 9.6%. Meanwhile, the Netherlands and Germany showcase resilience at 9% and 6.6% respectively.
These figures matter beyond traditional finance—they signal potential shifts in monetary policy, consumer spending power, and even the talent pool flowing into Web3 and crypto sectors. High youth unemployment often correlates with increased risk appetite among younger demographics exploring alternative assets.