Is there or isn’t there a youth unemployment crisis? Sensationalist daily press certainly tries to make us believe that we are essentially living through an apocalypse with youth unemployment skyrocketing as futures slip down society’s drains. Reuters blogger Zachary Karabell, however, has recently argued that young people are not forced into unemployment but choosing to hold out from the job market until they find their ideal job positions. But can the situation really have been so largely misinterpreted around the world? The answer might lie in a middle ground, for although the unemployment problem cannot be dismissed quite so simply, Karabell seems also right to point to important shift in the employment culture. Banc De Binary’s CEO Oren Laurent explains an alternative way of understanding the new work culture that is seen arising across the world. Read more…