On this blog we have previously looked at the thousands of young people turning their backs on the traditional career path of work hard, university, good job, as a result of the recession. However, the true cost of the recession for the youth of today was revealed this morning as youth unemployment figures has risen to nearly one million.
The ‘lost generation’ ,as Labour have previously called them, looks set for years of unemployment and the dole, as one in five of the UK’s under 25 are left out of work and unsure of what the future will hold.
This will be an embarrassing day for Labour who in the past, have publically vilified the Tories for years of complacency in ignoring the plight of teenagers in today’s society.
In 2005 New Labour claimed to have ultimately obliterated youth unemployment as a direct consequence of their commitment to the New Deal scheme. However experts are now suggesting that the drop in youth unemployment at that time was largely due to economic boom rather than Labour’s socio-economic policy.
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