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View Diary: What's Happenin'? Ship of Fools 1.3.13 (78 comments)

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  •  Latvia facts the NYT missed (5+ / 0-)

    They should read Social Europel Journal. Usually the words shouldn't be too big for the NYT staff to understand.


    The proportion of Latvian households having ‘great difficulty in making ends meet’ jumped from 13 per cent in 2008 to 24 per cent in 2010/2011. Those ‘at-risk-of-poverty’ rose from 33.8 per cent of the population to 40.1 per cent over the same period.[4] These increases in both material deprivation and economic insecurity are occurring in a country that is notable for its lack of a comprehensive social security system. The 2008-2010 recessions triggered some emergency social safety net measures, such as a public works programme, but the government appears reluctant to perceive them as part of a long term and comprehensive social protection system.[5]  The government will find it difficult to meet the Europe 2020 strategy of increasing the employment rate to 73 per cent of the work-force and reducing the numbers in at-risk-of poverty or in social exclusion by 121,000.[6]

    Mihail Hazans, Latvia’s leading labour economist, has issued the apocalyptic warning that the country faces a ‘demographic disaster’. The Latvian population has been shrinking steadily in recent years. This is expected to continue reflecting a combination of high emigration, falling birth rates and rising death rates.

    Hazans claims that 80,000 Latvians – equal to 3.7 per cent of the pre-crisis population – left Latvia between 2009 and 2011 for better economic opportunities abroad reinforcing previous trends of high emigration. More importantly, the emigrants are typically young and skilled with the consequence that Latvian society is experiencing a ‘brain drain’ and ageing at a faster rate than the rest of the EU


    "George RR Martin is not your bitch" ~~ Neil Gaiman

    by tardis10 on Thu Jan 03, 2013 at 06:53:49 AM PST

    [ Parent ]

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