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  • UK Economy: Youth Unemployment Rises To Record High of Almost A Million While Overall Unemployment Rises To 7.9%

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    February 17th, 2011JohnBritish Economy, Unemployment

    eGov Monitor:

    Youth unemployment in Britain is a serious concern as it reached a record high of 965,000 in the last quarter of 2010, according to figures released by the Office for National Statistics (ONS) earlier today.

    Number of young people out of work rose by 66,000 in the three months to the end of December 2010, taking the rate up to 20.5%.  The overall unemployment numbers rose by 44,000 to 2.49 Million during the same period.

    “This mini-recession in the labour market as a whole is turning into a major crisis for young people,” said Ian Brinkley Director at the Work Foundation.

    “Young people’s employment will not recover significantly until employers start hiring them again in significant numbers and that depends on the overall state of the economy. But in the meantime, the government needs to look again at levels of support for young people through temporary employment programmes and encouraging more apprenticeships and paid intern placements.

    http://www.egovmonitor.com/node/40775

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