Gloomy jobs outlook for school leavers

| August 17, 2009 | 0 Comments
”Gloomy

A report has warned of challenging times for school leavers this summer, according to the Prince’s Trust and the University of Sheffield.

According to the figures, a record number of school leavers could be claiming Jobseeker’s Allowance and those leaving school with no GCSEs at all are twice as likely to sign on.

Professor Danny Dorling, from the University of Sheffield, comments: “The rate of youth unemployment in the recession to come will depend almost entirely on what opportunities young people are offered.”

“This is why we must act now,” adds the Professor.

Meanwhile, Martina Milburn, chief executive of youth charity The Prince’s Trust, said: “It is more important than ever that we support those with fewest qualifications before they become a lost generation.”

The report points out that if the number of young people on the dole tips over the one million mark, this summer’s school leavers will be the hardest hit since the 1929 crash.

In response, the Government said: “It is backing young Britain by investing more than £6.9 billion to deliver more than 1.5 million learning opportunities for 16-18 year olds, and more than £1 billion to deliver an additional 200,000 employment opportunities and 100,000 apprenticeships for 19-24-year-olds.”

In related news, the Office for National Statistics revealed last week that the number of unemployed in the UK has risen to its highest level since 1995.

Official figures show that unemployment increased by 220,000 to 2,435,000 in the three months to June, and takes the unemployment rate to 7.8%. The figures equate to around 2,500 losing their jobs a day.

Worryingly, the Centre for Economics and Business Research is predicting that unemployment could reach 4 million - worse than the record high in the 1980s under Margaret Thatcher’s leadership.

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