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There is debate as to the causes of youth unemployment. Some of the causes of youth unemployment in the United Kingdom are not specific to young people. [14] Widely cited causes of youth unemployment in the United Kingdom include these: Financial Crisis: Graduate recruiters have recruited less because of the financial crisis of 2007–2010.
Statistics for June 2010 show that there are 926,000 young people under the age of 25 who are unemployed which equates to an unemployment rate of 19.6% among young people. [14] This is the highest youth unemployment rate in 17 years. [15] In November 2011 youth unemployment hit 1.02 million, [16] but had fallen to 767,000 by August 2014. [17]
Youth unemployment in the United Kingdom is the level of unemployment among young people, typically defined as those aged 18–25. A related concept is graduate unemployment which is the level of unemployment among university graduates.
It's been a record year in Europe, for all the wrong reasons. Unemployment rates passed 25% in some countries, and were not much better for many others. Among European youths, statistics went even ...
There is some data available on UK unemployment rates from before 1971 but it is not consistent with the current international definitions as it is more closely related to the Claimant Count. UK unemployment surged to a two-year high of 4.4%, with job vacancies dropping by 12,000 to 904,000 in 2024.
Youth unemployment rates in 2023 returned to their pre-pandemic rates or lower in most, but not all subregions. For young people in the Arab States, East Asia, and South-East Asia and the Pacific ...
The Office for National Statistics said the unemployment rate fell to a lower-than-expected 3.6% in the three months to July. UK unemployment rate slumps to 48-year low but more Britons quit jobs ...
Unemployment began to increase, and by the end of 1992, nearly 3,000,000 in the United Kingdom were unemployed, a number that was soon lowered by a strong economic recovery. [147] With inflation down to 1.6% by 1993, unemployment then began to fall rapidly and stood at 1,800,000 by early 1997. [151]