Tuesday Jun 18, 201305:54 PM GMT
Young jobless rate rises fastest in UK
Youth unemployment in the UK has increased the fastest compared to any other country in the G8.
Youth unemployment in the UK has increased the fastest compared to any other country in the G8.
Wed Jan 30, 2013 9:6AM
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Youth unemployment has increased in the UK at a faster rate compared with any other country in the G8 since the start of the recession, a new report shows.


A study by the research group Work Foundation found that the UK is now only behind Spain and Greece for youth joblessness in Organisation for Economic Co-operation and Development (OECD) countries.

The report’s author, Lizzie Crowley, said, “In many other developed nations, youth unemployment has remained low despite the global downturn. However, in the UK youth unemployment as a proportion of 15 to 24-year-olds has increased at a faster rate over the course of the recession than both the European and OECD averages.”

The research group also said the government ministers can’t just blame the problem of youth unemployment on the current economic downturn.

The British government was also urged to trail other countries such as Germany and Denmark by taking measures including more apprenticeships and increased training.

Youth unemployment soared in the UK by 35 percent to 916,000 between 2008 and 2011, compared to an average of 15 percent in G8 countries.

In December last year, British Prime Minister David Cameron admitted that long-term unemployment in the UK has remained "stubbornly high".

BGH/SSM/HE
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