unemployment

Apprenticeship Programmes Give Hope for Britain’s ‘lost generation’

According to yesterday’s ONS figures released, UK unemployment fell by 26,000 in the three months to May to 2.45 million. The unemployment rate was 7.7%, down from 7.8% in the previous quarter. However, the number of people claiming Jobseeker’s Allowance in June rose by 24,500 to 1.52 million – the biggest such increase in two years. Recent government statistics have also revealed that the number of job seekers in Britain who have been out of work for over a year had reached a fourteen year high with students being a particular group causing concern. Termed ‘the lost generation’, British students can no longer take a university degree as a guarantee of landing jobs, as 20% of last year’s graduates still remain unemployed. With university places... »