Daniel Tkatch writes for The European that the continent's educated young are seriously unemployed, at rates exceeding 50% in several countries. The examples he gives include Spain, Greece, and Croatia.
Tkatch reports their response is increasingly to emigrate outside the European Union, often to Latin America in the case of Spaniards. Others migrate internally to economically successful countries: Germany, Netherlands, perhaps the United Kingdom.
Europe's loss is a gain for wherever they alight, including the U.S.