High rents, low pay and spiralling food costs have left younger workers struggling to make ends meet and worried about the future
that many young people were suffering from increased instances of depression and anxiety about jobs and personal finances. These worries have not gone away but the inflated cost of living rather than the pandemic, appears now to be acting as the main drag on younger lives. Across the continent, under-30s find their ambitions frustrated by worsening economic conditions. Some of them spoke about the pressures they face in making ends meet, often while juggling work and studies.
worth €250 a month for young people earning less than €23,725 and the Madrid region has cut the cost of public transport. Diana Peinado, 26, is a social worker in youth housing. She has recently applied for the government’s stipend to help pay her €600 monthly rent on the small 40sq metre flat that she shares with a flatmate and her dog Cumbia.She said: “I am happy renting and sharing, but it’s not like other options are within my reach anyway.
, but for those young people already struggling to make ends meet, such as apprentices whose wage is lower than the national minimum, even the 4% price increase is a challenge. Matteo Leroux, 22 is an apprentice in electrical engineering. He earns €900 a month and lives alone in an apartment in Marseille that costs €400 a month. Like Joachim, he has stopped buying meat and has swapped it out for tuna, but his biggest problem this winter is the cold. “The problem with my apartment is that there is no insulation. Sometimes I want to put the heating on, but I can’t because the energy bills cost too much.
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