Tag: Young

Young people hit as unemployment rate rises

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 →

Coronavirus: Rishi Sunak to unveil ‘kickstart jobs scheme’ for young people

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 →

Coronavirus: Young people ‘face trap of world without work’

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 →

Coronavirus: Young could be scarred throughout working life

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 →