The data provided by the study conducted by the Youth Council of Spain highlights that the youth emancipation rate rises by 0.7 points compared to the previous semester
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The Youth Council of Spain (CJE) has presented the edition of the Emancipation Observatory corresponding to the second quarter of 2021, with the intervention of the president of the CJE, Elena Ruiz, and the sociologist author of the study, Joffre López. This edition records the first increase in the emancipation rate in the last fifteen years. From the data provided by the study, the Youth Council of Spain highlights three major blocks:
Regarding housing, the emancipation rate in the second half of 2021 rose by 0.7 percentage points compared to the previous semester, reaching 15.6%.
A young person had to dedicate 3.8 times their net salary to afford the down payment of the average mortgage in Spain (€170,000) when a young person with stable working conditions could only afford up to €100,000 without over-indebting themselves.
It seems that the only way out for youth was renting, however, the rising prices put young people in serious trouble: the average rental price in Spain rose to €848 per month, while a young person could only allocate €320 per month for rent without over-indebting themselves.
The study also delved into the gender gap, revealing that part-time work affected almost twice as many young women as young men (33.7% vs. 17.8%, respectively). Furthermore, it was mostly involuntary part-time work, demonstrating that we still have that "sticky floor" preventing us from being on equal footing with our male counterparts. Underemployment also places us among the least fortunate.
The gender gap in terms of emancipation has narrowed between women and men, young women are emancipating more, although they still cannot do so alone. Only 13.8% of women were emancipated alone, compared to 26.9% of young men, almost half.
Employment and training
From 'ninis' to 'sisis'. The number of young people who worked and studied simultaneously increased to 32%, compared to 2% who neither studied nor worked. Additionally, 42% of young people were overqualified, meaning they held positions performing functions below their education level.
Education was once again a guarantee of a better situation in the labor market in 2021: the unemployment rate among young people with higher education was 15.9%, while it reached 38.6% among those with primary education. This highlights the duality of the labor market, with a high rate of overqualification among the educated population and high unemployment rates among those with less qualification.
In the words of the President of the Youth Council of Spain, Elena Ruiz Cebrián: "It is time to prioritize youth on the public agenda. Youth will shape the future of Spain and therefore it is time to reach a great Alliance." "We cannot continue waiting for political responses under the false premise that our problems will be solved in the future, when we are no longer young. Or that we will stop being young because our problems have been solved."
