Youth v Over 50s unemployment.
Discussion
Conflicting stories in the press this morning:
"Following consultation with employers, a report led by the Recruitment and Employment Confederation's (REC) will recommend an overhaul of inadequate schools career services and a drive to increase internships.
Although UK unemployment, currently at 2.47m, has been lower than expected during the recession, a higher proportion of 16 to 25 year-olds have been affected. Given that employers have shed fewer jobs than usual, and the public sector is expected to shed hundreds of thousands of jobs in the coming years, there is unlikely to be a robust rebound in vacancies, even as the recovery becomes better established."
telegraph
Where As
"The recession has created a generation of over-50s who are condemned to long- term unemployment, disturbing new figures revealed last night.
The number of older workers trapped in a spiral of joblessness has soared by more than 50 per cent in a year to the highest figure in a decade.
A total of 170,000 job-seekers over 50 have been out of work for at least 12 months, according to research for the charity Age UK, which warned of a ‘devastating legacy of unemployment’."
Mail
Is there any evidence about which group suffers most by unemployment? My gut feeling would be the over 50s as they would be less likely to either get back into employment and return to the salaries levels than were pre-redundancies.
"Following consultation with employers, a report led by the Recruitment and Employment Confederation's (REC) will recommend an overhaul of inadequate schools career services and a drive to increase internships.
Although UK unemployment, currently at 2.47m, has been lower than expected during the recession, a higher proportion of 16 to 25 year-olds have been affected. Given that employers have shed fewer jobs than usual, and the public sector is expected to shed hundreds of thousands of jobs in the coming years, there is unlikely to be a robust rebound in vacancies, even as the recovery becomes better established."
telegraph
Where As
"The recession has created a generation of over-50s who are condemned to long- term unemployment, disturbing new figures revealed last night.
The number of older workers trapped in a spiral of joblessness has soared by more than 50 per cent in a year to the highest figure in a decade.
A total of 170,000 job-seekers over 50 have been out of work for at least 12 months, according to research for the charity Age UK, which warned of a ‘devastating legacy of unemployment’."
Is there any evidence about which group suffers most by unemployment? My gut feeling would be the over 50s as they would be less likely to either get back into employment and return to the salaries levels than were pre-redundancies.
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