General Article Youth unemployment

Topic Selected: Careers and Employability Book Volume: 405
  • Youth unemployment has been an escalating problem in the UK since 2005, with the most recent rises directly attributable to issues of the economy
  • Persistent youth unemployment has been embedded in our system over decades
  • Unemployment while young is linked to long-term reductions in wages, increased chances of subsequent periods of unemployment, and poorer health outcomes.
  • High levels of youth unemployment also have wider social and economic costs. The cost of youth unemployment over the next decade has been estimated at £28 billion
  • ‘With youth unemployment nearing 1 million, supporting young people into jobs - and sustainable jobs in particular - must be a foremost priority if the UK is to avoid a lost generation.’
  • UK businesses tell us they struggle to recruit young, work-ready staff
  • A generation of young people lost to unemployment means an inadequate talent pool for the needs of our businesses as the economy recovers

What causes youth unemployment?

As mentioned youth unemployme...

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