Part 5/10:
In addition to economic stagnation, Italy faces persistently high unemployment rates; averaging around 10% overall and skyrocketing to approximately 30% among young Italians. This dire state of affairs has given rise to what is known as the "Thousand Euro generation," a term used to describe highly qualified young professionals earning less than 1,000 Euros per month. Such financial constraints make it nearly impossible for youths to attain independence or even afford rent, let alone put down roots by purchasing property.
This situation has resulted in Italy consistently ranking among the unhappiest countries in Europe, as the weight of the economic crisis bears heavily on individuals who see little opportunity in their homeland.