Confindustria's research unit
said Thursday that "the inadequate level of youth employment is
producing serious permanent consequences on Italy's society and
economy in the form of the impoverishment of social and human
capital". It described the situation as an "emergency" and the
"Achilles heel" of the Italian economic system. It added that
the related phenomenon of under-40s leaving Italy to find work
produced "a loss of human capital estimated at one GDP
percentage point a year".
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