An article this morning, written by Louisa Peacock (The Telegram), says ‘Youth unemployment to surge past 1m (million) as jobs crisis unfolds’ – reading time 3 minutes.  The article mentions that the U.K. will today report over 1 million young people under 25 years old, being more than one-fifth of that group’.  The article speaks to the psychological issues for those unemployed youth, and says that youth unemployment has not been this high since records were first kept in 1992.

I am reporting this, not because it comes as any great shock to me (nor do I think it should to you), but because – for me – it once again one of the greatest problems faced by the developed economies in the current economic environment.  Simply put, if our governments, and more particularly our businesses, don’t step up and employ our youth we face far bigger short and long-term economic and societal problems than any of us (including our youth) simply don’t want to face – at least that is how I have seen things (and commented in these e-mails on them) for some time, and continue to see things.  Simply put, employing older, otherwise retired people because they are claimed to be ‘more reliable’, or because they simply are available and want to maintain what they can of their lifestyles, is in my view ‘just plain wrong-headed’.

I suggest you watch and listen to a 5 minute video titled ‘The UK’s unemployment bomb’.  While this speaks specifically to conditions in Birmingham, England’s second largest city, I think that you can apply what you see and hear more broadly.

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