Image copyright Getty Images More than one in three young people say they have lost hope of getting their dream job because of coronavirus, the Prince’s Trust has said. The charity said a survey of 2,000 people aged 16 to 25 across the UK showed 44% had lower aspirations for the future as a result of the pandemic. Its UK… Read more →
Image copyright Getty Images The UK unemployment rate has risen to its highest level for almost two years, official figures show. The unemployment rate grew to 4.1% in the three months to July, compared with 3.9% previously. Young people were particularly hard-hit, with those aged 16 to 24 suffering the biggest drop in employment compared with other age groups. Firms… Read more →
Soutik BiswasIndia correspondent image copyrightGetty Images image captionJob prospects look bleak for India’s young In early May, Shalika Madan, who worked in a law firm in the Indian capital, Delhi, received a call from her office and was told that she was being laid off. Ms Madan, a 38-year-old single mother of a son with special needs, had spent more… Read more →
Image copyright Andrew Adams Image caption Andrew Adams is applying for five jobs a week in Liverpool More than one in every six young people are now claiming out-of-work benefits in some parts of the UK, BBC analysis of official figures suggests. The number of people aged 18-24 claiming Universal Credit or Jobseeker’s Allowance doubled in the UK in the… Read more →
Image copyright PA Media Image caption The chancellor will present the plans to Parliament on Wednesday Chancellor Rishi Sunak will announce a £2bn “kickstart scheme” on Wednesday to create more jobs for young people. The fund will subsidise six-month work placements for people on Universal Credit aged between 16 and 24, who are at risk of long-term unemployment. Labour welcomed… Read more →
Image copyright Thinkstock A group advising Scottish ministers on how to repair the economic crisis caused by coronavirus has called for a jobs guarantee for 16 to 25-year-olds. The panel led by former Tesco Bank boss Benny Higgins has published a list of recommendations for economic recovery. They called for a nation-wide scheme to offer at least two years of… Read more →
Image copyright Getty Images Image caption Younger women have been hit financially by lockdown Young people have been hardest hit by a fall in their income during lockdown as more of their money goes on essentials, official data suggests. The youngest and oldest workers are most likely to have lost their jobs or seen income cut owing to the system… Read more →
Image caption The study warns that the youth unemployment rate could spike in the autumn The economic damage of the coronavirus crisis will hit young workers hardest, an Ulster University study has suggested. It estimated that youth (ages 16-24) unemployment in Northern Ireland could jump from 8% to 26% in 2020. That compares to an estimated unemployment rate of about… Read more →
Image copyright AFP The International Labour Organisation has said young people are disproportionately being affected by the coronavirus health crisis. In a new report the ILO, which is a United Nations agency, warns there is a risk they could be scarred throughout their working lives. They could become what the report calls a “lockdown generation”. It says young women have… Read more →
Image copyright Jared Thomas Image caption Jared Thomas has seen work fail to pick up Jared Thomas says he is trying to inject some excitement into his life by getting into the kitchen and cooking something nice. The 26-year-old is hungry for work, but the coronavirus outbreak means financially stretched customers have little appetite for his tree surgery services at… Read more →