There is a glimmer of economic hope: in the recent Budget, the Chancellor Rishi Sunak set out more details of a plan and a promise – first announced by the government last year – to reinvest in the prospects of this generation.
The significant investment and strategy is vital. It includes a focus on training, and a commitment to working with employers to create a market in which young people can secure stable work. It is a welcome part-solution to what has been an escalating problem.
Renewed investment in the Kickstart Scheme, traineeships and apprenticeships not only provides young people with the core elements needed to enter into work and progress in their careers – experience, employment and decent pay – it also shows them that their future is worth investing in.
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