The unemployment figures are in, but before we start celebrating, we need to address youth unemployment by getting back to basics and instil a work ethic that makes them effective contributors to their employers’ business and the UK economy.
Employment levels maybe stabilising, but youth unemployment remains high and is one of the biggest threat to the UK economy’s future. We have to give them the skills for the future because if we don’t charge our economic batteries by training young people now they’ll go flat. Without skilled people powering our economy, we won’t have the energy to drive the country forward.
If the Olympic motto was ‘inspire a generation’, the motto of the unemployment figures published today should be ‘invest in a generation.’
The Bank of England reckons the economy will be flat lining again with its growth forecast being cut to close to zero. It has fuelled debate for new measures to stimulate the economy, but what happened to all the cash that has already been thrown at the banks to get the country moving again?