Partner Article

Youth unemployment could hit the one million mark

With the ONS set to release the latest unemployment figures tomorrow, many experts are predicting youth unemployment to hit the one million mark.

Carmen Watson, managing director of Pertemps Recruitment Partnership said, “It’s alarming that employment is continuing to rise among young people.

“Given Britain’s ageing population, it is important that young people are placed into work early on, and employers should remain flexible and welcome them into the workplace through internships and internal mentoring and coaching.”

Liz Field, CEO of the Financial Skills Partnership, also spoke of her concern about the youth unemployment rate.

She said, “It is worrying to see unemployment among young people rising, and it is absolutely vital to attract, retain and develop young people in the financial services sector.

“Having a diverse workforce is integral to the success of the sector which plays a significant part in Britain’s economy.”

She added: “Quality vocational training, such as apprenticeships, must be made available for the rising youth unemployment and we believe, to graduates in the job market.

“The concerning figures should encourage employer-hosted programmes which could boost the skills of young talent. Financial services apprenticeships would help maintain the UK’s place in the global economy.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .