The Problem of Youth Unemployment

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Work is central to most of our lives, that enables us to get by in the world, but also the key to how we define ourselves and to our sense of self-worth. In the UK the unemployment rate stands at 6.9% now and from the figures 19.1% are between ages 16-24. Almost one in five young people unable to find a job. Youth employment has become a long-term problem in the UK, with over a quarter of million young people have been looking for work for a year or more (Mirza-Davies 2014). And increase of youth unemployment slow down the speed of UK economic recovery, although the financial crisis of 2008 affected national economic around the world, which has already 5 years ago. So we have to think about is it government not do well in the unemployment policy or individual’s problem?

Unemployment among the youths within different countries around the globe has continuously increased to alarming levels. The level of unemployment among the youth ranges at around 20% on the global mark within the developing countries having relatively higher unemployment figures (Tovey 2014). These figures are however determined by the number of unemployed individuals who are economically active and are not employed. Calculating the rate of unemployment within a country presents numerous challenges for the involved individuals. Many individuals commonly link joblessness to unemployment yet these economic elements remain related but significantly different. The growing problem presented by unemployment commonly affects the economic wellbeing and the social welfare of the community.

The youth unemployment has continuously escalated despite the numerous efforts being made towards providing remedy for the unemployment challenges. Official data regarding unemploymen...

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...ondon: House of Commons Library, pp.1–2
Gregg, P. & Macmillan, L., (2011) [Online]. Future costs of youth unemployment. BBC News. Available at: http://www.bbc.co.uk/news/business-16156849
Mason, R. & Wintour, P., (2013) [Online]. Jobless young people without basic skills told to learn or lose benefits. The Gurdian. Available at: http://www.theguardian.com/society/2013/dec/05/jobless-young-people-basic-skills-learn-lose-benefits
Monaghan, A., (2014) [Online]. Unemployment statistics show young people fared worst in recession. The Gurdian. Available at: http://www.theguardian.com/business/2014/feb/05/unemployment-statistics-age-divide-recession
Tovey, A., (2014) [Online]. Is youth unemployment as bad as the figures suggest? The Telegraph. Available at: http://www.telegraph.co.uk/finance/jobs/10679801/Is-youth-unemployment-as-bad-as-the-figures-suggest.html

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