For all those out there who know absolutely nothing about me at all, the first time I left my native state of Virginia was when I moved to London to go to college for a few months. So you could say that London has a pretty special place in my heart. It's a pretty cool place, I think! You're never going to see such diverse people all in one city- you'll never hear so many languages spoken in one place. Because of this diversity, among other reasons, I personally think that London is one of the best capitals in Europe.
The overall rate of unemployment in the UK is right at 8.3%. For comparison, the USA is at 8.6%, Greece is at 18.3% and Spain is at 22.8%. This is keeping in mind that the natural rate of unemployment (the percentage of unemployment that is deemed non-cyclical and therefore acceptable) is 5%. Even with the UK having a comparably low rate of unemployment anyway, London itself has proven to be particularly buoyant, even through these bad times. Many members of the EU have flocked to London with attempts to find work. A British woman who we met in Greece talked about the heightened sense of racism throughout the European Union; she stated that even in the best of times, Greeks, as well as Brits, could be racist. With many members of poorer European Union countries coming to better off members for work, the racial tension has increased. This immigration, among other reasons, has led to a higher rate of unemployment for UK natives aged under 24. We've all heard about the summer riots in London that caused a lot of chaos and damage, and a major catalyst of these conflicts was unemployment.
The point of this post: Increased racism has become a major social consequence of the recession in the European Union.
The overall rate of unemployment in the UK is right at 8.3%. For comparison, the USA is at 8.6%, Greece is at 18.3% and Spain is at 22.8%. This is keeping in mind that the natural rate of unemployment (the percentage of unemployment that is deemed non-cyclical and therefore acceptable) is 5%. Even with the UK having a comparably low rate of unemployment anyway, London itself has proven to be particularly buoyant, even through these bad times. Many members of the EU have flocked to London with attempts to find work. A British woman who we met in Greece talked about the heightened sense of racism throughout the European Union; she stated that even in the best of times, Greeks, as well as Brits, could be racist. With many members of poorer European Union countries coming to better off members for work, the racial tension has increased. This immigration, among other reasons, has led to a higher rate of unemployment for UK natives aged under 24. We've all heard about the summer riots in London that caused a lot of chaos and damage, and a major catalyst of these conflicts was unemployment.
The point of this post: Increased racism has become a major social consequence of the recession in the European Union.
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