Business1 min read

Guardian to follow lives of eight young people in their search for work

By · Via The Guardian Business · Published by Everything Blog

In short

The economic crisis currently affects one in eight young people across the country, trapping them in unstable work or leaving them entirely outside the labor system. Beyond individual hardship, former minister Alan Milburn calculates that the national youth jobs crisis drains £125 billion from the broader economy every year. To reverse this damage, Andy Burnham's government has pledged targeted interventions to help young people secure lasting employment and lower escalating state welfare costs.

Key points

  • Systemic labor market failures are causing youth not in education, employment, or trainin…: Systemic labor market failures are causing youth not in education, employment, or training to hit a decade-long peak.
  • Rising welfare expenditures and widespread economic displacement are forcing policymakers…: Rising welfare expenditures and widespread economic displacement are forcing policymakers to overhaul national education, health, and benefit policies.
  • Chronic early-career unemployment carries severe long-term consequences for personal ment…: Chronic early-career unemployment carries severe long-term consequences for personal mental health and creates continuous financial dependence on parents.

Sources checked by our analysis pipeline: 1

Britain is at risk of creating a lost generation. Across the country, almost a million young people – one in eight – are struggling to make the leap from school to the world of work on a lasting basis.

Before the landmark Alan Milburn review, which is expected on Tuesday, the Guardian is launching a new series to chronicle the lives of eight young people battling to get a start on the career ladder.

The eight, drawn from across the country, will share their stories of jobseeking in uncertain economic times, after the chaos of the Covid pandemic during their final years of education and with AI now upending the jobs market.

The series comes as Andy Burnham promises to restore hope for the next generation by helping more young people into work, with his government pushing to tackle the rise in the number of 16- to 24-year-olds who are not in education, employment or training (Neet) to the highest level in a decade.

Each participant in the series will offer reflections on their dealings with employers and the welfare…

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