The decline in human capital is the drama of the euro zone

The decline in human capital in the euro zone is shown by the high level of recruitment difficulties despite the still high unemployment rate , by the rise in structural unemployment and by the low skill level of the labour force and young people . The weak human capital in the euro zone has dramatic consequences: Weak modernisation of corporate capital, and therefore low productivity gains and potential growth, and a low employment rate; Poverty, or redistributive policies that impose a high tax burden and a declining employment rate; As a result of sluggish growth, low growth in tax revenues and therefore public finance problems.