Topic > The problem of youth unemployment - 1837

Work is central to most of our lives, it allows us to get by in the world, but it is also the key to defining ourselves and our sense of self-worth. In the UK the unemployment rate is currently at 6.9% and, according to the data, 19.1% are aged between 16 and 24. Almost one in five young people cannot find work. Youth employment has become a long-term problem in the UK, with over a quarter of a million young people looking for work for a year or more (Mirza-Davies 2014). And rising youth unemployment slows the speed of the UK's economic recovery, although the 2008 financial crisis hit the national economy worldwide, which already happened 5 years ago. So we have to ask ourselves whether the government is not doing well in unemployment policy or is it an individual problem? Unemployment among young people in several countries around the world has steadily increased to alarming levels. The level of unemployment among young people is around 20% compared to the global level in developing countries which have relatively higher unemployment figures (Tovey 2014). These figures are, however, determined by the number of economically active and unemployed unemployed individuals. Calculating the unemployment rate within a country presents numerous challenges for those involved. Many people commonly link unemployment to unemployment, however these economic elements remain related but significantly different. The growing problem of unemployment commonly affects the economic well-being and social well-being of the community. Youth unemployment has been steadily increasing despite numerous efforts made to provide remedies to unemployment challenges. Official data regarding the unemployed...... half of the document ......london: House of Commons Library, pp.1–2Gregg, P. & Macmillan, L., (2011) [Online]. The future costs of youth unemployment. BBC News. Available at: http://www.bbc.co.uk/news/business-16156849Mason, R. & Wintour, P., (2013) [Online]. Unemployed young people without basic skills are told to learn or they will lose benefits. The Guardian. Available at: http://www.theguardian.com/society/2013/dec/05/jobless-young-people-basic-skills-learn-lose-benefitsMonaghan, A., (2014) [Online]. Unemployment statistics show that young people fared the worst during the recession. The Guardian. Available at: http://www.theguardian.com/business/2014/feb/05/unemployment-statistics-age-divide-recessionTovey, A., (2014) [Online]. Is youth unemployment as bad as the data suggests? The telegraph. Available at: http://www.telegraph.co.uk/finance/jobs/10679801/Is-youth-unemployment-as-bad-as-the-figures-suggest.html