Reasons for high youth unemployment lie in the properties of young workers relative to older workers, in habits and common practices in the labour market as well as in labour market institutions. As to getting hired and being laid off, young workers have a disadvantage relative to their older colleagues.
In this respect, it shares a similar fate to the Bundesbank: both are regarded as being rather dull. Boredom is less desirable for a festive occasion such as this, but all the more so for Friedrich Nietzsche, to whom boredom was a precondition for original thought and productive action. [2] Central bankers do not ﬁnd boring to be all that bad, either.