		<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/young-jobless-total-set-to-soar.jpg"><img class="alignnone size-full" title="The number unemployed youths could rise to 1.2 million over the next five years, warns think-tank" src="http://londonglossy.com/wp-content/uploads/2011/02/min-young-jobless-total-set-to-soar.jpg" alt="The number unemployed youths could rise to 1.2 million over the next five years, warns think-tank"/></a></p>
<p>The extent of the youth unemployment crisis is being severely underestimated, a think-tank has warned.</p>
<p>Demos warned that the ranks of unemployed youth could swell over the next five years to 1.2 million (a 23% increase) as 230,000 16-18-year-olds leave education with NVQs at level 1 and 2.</p>
<p>These qualifications, which are equivalent to GCSEs, are &#8220;inadequate&#8221; and offer young people little or no protection from unemployment, according to a report due to be published by the think-tank next month.</p>
<p>In some cases, taking such vocational qualifications can actually harm young people&#8217;s earning potential, the report will claim.</p>
<p>The warning comes on the day new official figures are due to be published on the numbers of young people that are considered to be &#8220;Neets&#8221; &#8211; not in education, employment or training.</p>
<p>The last figures to be published showed that 1,026,000 16-24-year-olds were &#8220;Neet&#8221; in the third quarter of 2010, while unemployment figures published last week showed that 965,000 16-24-year-olds are unemployed &#8211; the highest number since record began in 1992.</p>
<p>Demos is warning that levels of 10% to 15% were the norm for youth unemployment in the 1990s, but the recession, and failures in the education system risk making 20% the new &#8220;normal&#8221; level.</p>
<p>Its forthcoming report, which looks at the career path of young people who do not go to university, will call for employers&#8217; National Insurance contributions for workers under 25 to be waived or reduced to encourage more young people into the workplace.</p>
<p>Report author Jonathan Birdwell said: &#8220;Young people who spend long periods unemployed at the beginning of their careers work less and earn less throughout their working lives.&#8221;</p>
<p>He added: &#8220;There is a drought of entry-level jobs meaning the door to work is closed to many young people. Those who don&#8217;t go to university would normally acquire skills in their first jobs, but the disappearance of these positions means young people are getting hit twice &#8211; they get neither a salary nor skills.&#8221;</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68e2eb24136f7">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68e2eb24136f7',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.
