The youth unemployment rate in Spain reached in the Second Quarter of 2013, 56% of all young peolpe.
In the mini-company program, students learn skills and knowledge to increase their training in school. These skills will enable them to better perform their job future employment, or the possibility of starting their own business.
In Junior Achievement Canada and Junior Achievement UK have measured the impact of mini-company program: -More Young Enterprise alumni end up running their own business: 42% of alumni surveyed started firms compared to 26% in the control group of non-alumni. -Alumni companies employ more people: 11% have 51-99 employees compared to 9% of the control group. Two per cent of the alumni have 100-249 employees compared to none in the control group.