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Only one in five young people earn enough to move out by the time they are 30

The majority of young people work in the service sector which has the most precarious working conditions.
The majority of young people work in the service sector which has the most precarious working conditions. / EFE
  • Although the current generation "is the best qualified ever", those in their 20s entering the world of work face salaries lower than 20 years ago

Precarious job contracts and lower salaries in Spain since the world financial crisis have brought on a change in lifestyle among the younger part of the population. People are now having their first child two years later than in 2018, up from 29.3 years of age on average to 31 years nowadays.

And the official data also shows that only 20% of people under 30 have managed to become independent financially and live on their own. In Andalucía this figure falls to 17%, less than one in five.

The findings were part of a trade union report published for International Youth Day this week.

Spain has one of the highest ages in Europe at which young people start to earn enough to not need help. This was said to be because of the weak relationship between improved training and salary increases.

Although the current generation "is the best qualified ever", those in their 20s entering the world of work face salaries lower than 20 years ago, according to Pablo Trapero of the Uníon Sindical Obrera trade union.

The majority of young people work in the service sector which has the most precarious working conditions.

"It doesn't mean anything that there are more people with degrees in technological jobs if the market wants employment linked to services; the government needs to invest more in research and development."

The union also warned in its report that the birthrate was dropping. A woman in Spain now has on average 1.25 children, down from 1.4 in 2008. The amount needed to maintain the population is 2.1, last achieved in 1980.

Other data published says that the worst age range for young people out of work is 16 to 19 years, where 46.3% who want work cannot find it. Four in ten unemployed in Spain are under 35.