Rising unemployment hits young people hardest

Jan 19, 2023

Our CEO, Barry Fletcher, responds to this month’s ONS job stats:

“As vacancies fall and the cost-of-living crisis bites, rising unemployment is once again hitting young people from marginalised backgrounds hardest.  This is made worse by a worrying trend of more 18–24-year-olds remaining without a job for over six months.

“The continued increases in unemployment (+2.5%), economic inactivity, and the significant drop in employment for young people not in full-time education, are urgent problems. Labour market turmoil causes serious scarring effects that prevent young people from finding, and progressing into, good jobs.

“To avoid damaging a generation’s futurewe needto make the system work better. Our mission to close employment gaps for young people furthest from the job market is as important as ever.”

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