Youth hardest hit by recession: ONS figures |
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| Economy | |
| Written by Gary Howes | |
| Wednesday, 17 June 2009 | |
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Unemployment rises, but at slower rate.
Youth unemployment is now at its highest rate for 15 years. And it is expected to get far worse when millions of fresh school leavers and graduates start looking for work in the coming weeks. Unemployment amongst the youth has drawn strong words from many economic analysts: Stephen Gifford, chief economist at Grant Thornton, warned that unless the situation was addressed urgently the UK would end up with a, "dispossessed generation who could be permanently marked by the recession." The sentiment was echoed by Brendan Barber, TUC General Secretary, who pointed out that youth unemployment was at its highest figures for 15 years. "Unemployment leaves a permanent scar on young people's lives and government must do all it can to stop joblessness blighting another generation's lives," says Barber. Barber did point out that it was not all gloom as the government's job guarantee should soon start to help young people who lost their jobs at the start of the recession. "It's exactly the right priority. But people leaving school or college this summer will need help with training and advice long before the 12 months that they will have to wait for the jobs guarantee," says Barber.
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