Latest stats show youth unemployment continues to fall.. but what about the skills?
Youth unemployment has fallen again for the quarter April-June 2014, according to the latest stats from the Office of National Statistics.
For April to June 2014, the unemployment rate for 16 to 24 year olds was 16.9%. This was:
- down from 19.0% for January to March 2014,
- down from 21.4% for a year earlier, but
- higher than the pre-downturn trough of 13.8% for December 2007 to February 2008.
Michael Mercieca, CEO of Young Enterprise said: “We are really pleased that the unemployment numbers are falling, but there are still more young people out of work now than there were before the economic crash in 2008 so there is more that should be done.
“We are now facing a skills shortage as employers tell us that when they enter the job market, many young people lack the necessary skills such as communication and teamwork .
“The increasingly academic focus in education is ensuring young people tick the boxes and get the exam grades – but not the skills or experience needed for life.”