Business 18 April 2013updated 22 Oct 2020 3:55pm “It is a catastrophe if 30 to 40 per cent of young people have no job in the long term” Business quote of the day. By Raymond Doherty “It is a catastrophe if 30 to 40 per cent of young people have no job in the long term” German finance minister Wolfgang Schäuble’s stark view on eurozone employment levels. Subscribe to the Saturday Read View all newsletters Your new guide to the best writing on ideas, politics, books and culture each weekend – from the New Statesman. Sign up here Select and enter your email address The Saturday Read Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com Morning Call The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Your email address First Name Last Name Sign up Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. THANK YOU Close Content from our partners The UK’s skills shortfall is undermining growth Graham Hasting-Evans Unlocking investment in UK life sciences through manufacturing Ioana Parsons Data defines a new era for fundraising Spotlight Related The Weekend Interview Britain’s lord of the purse strings Comment Justice over Grenfell is already overdue Europe Can Michel Barnier save Emmanuel Macron?