In March 2020, we had historically low levels of unemployment and a record high number of people in work.
The events of the last year have undone much of this progress, with young people worst hit. Across the economy, over sixty per cent of the total fall in people on payroll were under 25. The effect of this economic collapse on young people’s mental health, financial security and long-term prospects is already being evidenced and is hard to overstate.
The government has set out plans to create more opportunities for young people, most notably through the new ‘Kickstart’ scheme, bonuses for employers to take on apprentices and expanding traineeships. Even so, youth unemployment has continued to climb, and many young people are at risk of falling through the cracks between government departments and initiatives.
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