Risk of Unrest Rises in EU

With unemployement at unprecedented levels in the EU, the risk of social unrest is rising, says the UN’s International Labour Organization. The ILO is warning politicians to abandon austerity and embrace job creation.
“When unemployment is as high as it is right now – as poverty and welfare protection become worse – then the danger of social unrest grows along with it,” says Miguel Angel Malo.
Malo is a professor of economics in Salamanca, Spain – a country where youth unemployment is at 56 percent. Additionally he’s an economics expert at the International Labour Organization (ILO), a UN agency seeking to promote labor rights.
It was for the ILO that Malo co-authored a paper with an unsettling thesis: the likelihood of social unrest is increasing. Or at least, it’s becoming far more likely in certain areas of Europe.