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Young People 'almost Three Times More Likely Than Adults' To Be Unemployed

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Global youth unemployment has risen to close to its crisis peak and will climb higher as the economic recovery falters, a report by a UN agency has warned.

The International Labour Office said the youth unemployment rate had been falling since hitting 12.7% in 2009, but this year had climbed again to stand at 12.6%. The rate is forecast to reach 12.8% by 2018.

The ILO paints a grim picture for school leavers and graduates across large parts of the world, saying young people continue to be almost three times more likely than adults to be unemployed.

"The weakening of the global recovery in 2012 and 2013 has further aggravated the youth jobs crisis and the queues for available jobs have become longer and longer for some unfortunate jobseekers. So long, in fact, that many youth are giving up on the job search," says the report, Global Employment Trends for Youth 2013.

The report stresses that for those who do find work, the outcome is often far from ideal – damaging the prospects of both the individuals and the wider economy.

Increasing numbers of young people are having to settle for part-time work or for temporary jobs.

And then they are expected to buy an over priced house in the UK....

Shirkers giving up, clearly they need whipping. Hard working families don't give up, clearly the young need to be more like them.

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  • 242 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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