According to the latest official statistics, there were 1,016,000 young people unemployed in the three months leading up to September. The number of young people out of work rose by 67,000 on the previous quarter. Of those, 259,000 18- to 24-year-olds have now been unemployed for more than a year.
In a bid to tackle the growing numbers of young people not in education, employment or training, the government has announced a scheme to offer £1,500 payments to companies that take on 16- to 24-year-old apprentices. This is designed to create up to 20,000 apprenticeships in the next financial year.
But John Cridland, director-general of business lobbying organisation the CBI, suggested that government should broaden out the initiative to offer £1,500 payments to any business that employs an out-of-work 16- to 24-year-old.
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