12.8% of Spanish youth under 25 years old (534,600 young people) are part of the so-called 'ninis' (neither study nor work), a percentage that is among the highest in the EU and only exceeds Italy and Greece, according to an Asempleo report released on Wednesday that collects data from the third quarter of 2019.
At the end of September, Spain had 4.2 million young people aged 16 to 24. Of these, 27% (1.1 million) had a job, 12.5% (500,000 people) were unemployed and 60.4% (2.5 million) were inactive.
At the end of the third quarter of 2019, the number of young unemployed who do not study was 329,500 people, 63% of the total unemployed, while the inactive who do not study totaled 205,000, just 8% of the total youth inactive
In its report, Asempleo warns that the slowdown in the labor market has come "very soon" for vulnerable groups such as young people, whose unemployment rate stands at 33.3%. This means that one in three young Spaniards who want to work cannot find a job.
Despite this, the youth unemployment rate has dropped more than 20 points since 2013, when it reached 55%.
Asempleo has warned that the job prospects of young people are hampered by early school leaving, which has slowed their pace of reduction during the last year and is close to their level of balance and, therefore, "without much margin to keep shrinking, "according to the report.
Specifically, the rate of early abandonment of studies (percentage of population between 16 and 24 who has not completed the second level of secondary education and who does not follow any course) is currently at 14.9%, still above the community average.
At the regional level, the report notes a "close relationship" between early school leaving and the weight of the collective 'nini'. Thus, the communities located in the South and East have the highest values in both indicators, while those in the North and Center are in a relatively better position.
"The slowdown will cause vulnerable groups not to see their situation improved in 2020. Among them, the 'nini', which have been frustrated their ability to engage in the opportunities offered by the recovery of the labor market. Despite its reduction during the recovery, it remains at very high levels (12.8% of young people) and its process of decline is showing signs of completion, "said the president of Asempleo, Andreu Cruañas.
Cruañas believes that 2020 "will be a complicated year" for the labor market, "far" from the evolution of previous years. In this sense, he considers that the role of temporary work companies (TTE) should be "decisive" because it would help to "accommodate" groups of difficult insertion.