Where is the 30% unemployment figure coming from?
I'm guessing he is posting from somewhere like Spain or Portugal where the youth unemployment is really high.
Youth unemployment was over 9% in 2025 [0]. 30% seems off
[0] https://fred.stlouisfed.org/series/SLUEM1524ZSUSA
I'm guessing he is posting from somewhere like Spain or Portugal where the youth unemployment is really high.