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Dec 16
Youth unemployment reaches a record high

jobcentreterminalData from the Office for National Statistics shows that the number of 16 to 24-year-olds now out of work was 952,000 in the three months to October, a quarterly rise of 6,000 and the highest figure since records began in 1992.

Unemployment among 18 to 24-year-olds was 757,000, up by 26,000 from the three months to July, the highest since 1993.

Total unemployment increased by 21,000 to 2.49 million, the highest level since early 1995, although the quarterly rise was the smallest for 18 months.

Other data from the Office for National Statistics showed that the number of people out of work in the latest quarter increased by 49,000 to 620,000, the worst total since 1997.

The UK’s overall unemployment rate has now reached a 13-year high of 7.9 per cent and more than one in five working-age people are now economically inactive.

Chris, Web Designer at Input Youth

Posted 2009, in Youth News | Comments Off

 

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