It came as a surprise during the
Budget for 2013 to hear that, despite being caught in the worst recession the UK has seen, employment has seen an increase of more than 590,000 positions and is continuing on a steady rise compared to last year – a result that even leading economists are struggling to explain.
Despite this triumph, our next generation of workers, currently aged between 16-24, worryingly comprise the largest percentage of those who remain unemployed. Furthermore, the number of young people who are unemployed, in contrast to the rest of the population, is mounting more rapidly than any other sector of the public. In
our last post we discussed the possible social consequences of long term unemployment in this age bracket and the urgent need for schools to provide pupils with an education that will equip them with the skills required to
succeed in the workplace. However, this situation is sure to have a ripple effect on the wider employment circle – when we finally come out the other side of the current downturn, will we be facing fundamental skills shortages?