This is why often general measures to lower unemployment are most important for the young unemployed. They can be complemented but not replaced by specific measures which focus only on the young. We can assess the youth unemployment also from the viewpoint of the supply and demand of the labour input of young workers, as well as mismatch problems and issues of specificity.
This is a great success story. The maintenance of price stability, which constitutes the primary goal of the ECB, benefits all citizens of the euro area directly. It protects income and savings, and helps reduce borrowing costs, thus promoting investment and economic growth, which are prerequisites for job creation and prosperity.