EU leaders divided on how to tackle joblessness

Milan

SEVENTEEN years after their first jobs summit, European Union leaders are divided on how to create employment with a fifth of young people still out of work.

At a meeting in Milan on Wednesday, Italian Prime Minister Matteo Renzi plans to tout the new labour laws he's pushing through. French President Francois Hollande will argue for more spending, a proposal that German Chancellor Angela Merkel intends to reject. Britain's prime minister David Cameron isn't coming.

Their lack of progress may increase the frustration of European Central Bank President Mario Draghi who ha…