a lot of the youth are students, and they do not need to work to pay for their studies.
We lambasted the UK and the Netherlands for lowering their unemployment statistics by shunting people off into "disability", so why can't we argue that shunting people into "study" is not artificielly lowering youth unemployment?
I am not saying that is the case, just that this is an issue that needs to be explored. And I don't believe over 60% of Danish students need to work to pay for their studies. There are cultural and social factors at play here. Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith