Experts fear the coronavirus pandemic will create a “lost generation” by sparking a youth unemployment crisis. They warn nearly 850,000 16 to 24-year-olds face being out of work by October – double the 452,000 who were jobless in October 2019.
Prime Minister Boris Johnson claimed he had put tackling youth unemployment at the top of the Government’s recovery plan. But the Resolution Foundation predicts that if unemployment rates for 16 to 24-year-olds increase at the same pace as Office for Budget Responsibility record projections, the UK faces a nightmare scenario.
The think-tank estimates that there are as many as 355,000 aged 18 to 24 who have been unemployed for six months. And it says prospects for those with a lower level ofRead more on mirror.co.uk