A man willing to work, and unable to find work, is perhaps the saddest sight that fortune’s inequality exhibits under this sun.
– Thomas Carlyle
RAINY DAYS – YOUTH UNEMPLOYMENT DOCUMENTARY BY KAPISH KARNANI (THE ASSAM VALLEY)
The ‘lost generation’ go it alone
This Financial Times news video is excellent on issues surrounding high rates of youth unemployment. The number of 18- to 24-year-olds out of work for at least six months has risen by more than a third in the past year to 403,000.
Many thousands are struggling to find work and the lack of apprenticeship schemes and the high level of short term or vulnerable contract work makes it extremely tough to get into formal work. More and more students are looking to establish their own businesses as an alternative. The rapid expansion of student-led entrepreneurship societies based around colleges and universities is a welcome development. So too is the rise of “start-up” milk-rounds at many of the UK’s universities. Challenging times yes, but opportunities will always exist for enquiring minds with ideas to incubate and grow.
BBC News: Unemployment down to 2.6m but long-term jobless rises
Canada : Young and Unemployed
Youth unemployment sits at nearly twice the national rate for the overall labour market in Canada. The financial crisis of 2008 wiped out all the youth employment gains that had been made since 2002. The Agenda examines the social and economic consequences of jobless youth.