Youth unemployment outlook ‘unacceptably high’

Forecasts from the British Chambers of Commerce (BCC) have raised concerns of an “unacceptably high” level of youth unemployment, with the youth unemployment rate predicted to remain almost three times the national average until 2016.
Mon, 10 Mar 2014Forecasts from the British Chambers of Commerce (BCC) have raised concerns of an “unacceptably high” level of youth unemployment, with the youth unemployment rate predicted to remain almost three times the national average until 2016.

According to official figures from the Office for National Statistics (ONS), the number of so-called not in education, employment or training (Neets) dropped by 38,000 when compared to the three months to September 2013.

The ONS said the percentage of all young people in the UK who were Neet was 14.4%, down 0.5% points from the previous period.

John Longworth, BCC director general, says: "Major issues remain, such as the unacceptably high level of youth unemployment.

"We urge the chancellor to use this month's Budget wisely by incentivising businesses to hire young people so that the next generation of workers are not left behind."

The BCC’s cautious optimism was boosted by a further report showing that businesses in the UK are at their most confident since before the global financial crisis.

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