We don’t have much in the way of detail for Rachel Reeves Labour conference commitment of “nothing less than the abolition of long- term youth unemployment”. But based on what was announced it’s going to be nothing like that. According to Reeves, every young person who has been out of work or education for 18 … Continue reading “Nothing less than the abolition of long- term youth unemployment”!
Tag: unemployment
More than one in seven young people are NEET.
Despite fears that slower wage growth might mean the labour market is ‘cooling’, latest statistics suggest otherwise, with a general participation rate of 75% and unemployment only just above 4%. However, ‘economic inactivity’ – those not working but not looking for work – still sits at over 20%, reflecting what commentators have termed a ‘great … Continue reading More than one in seven young people are NEET.
