YOUTH long-term unemployment has risen by a staggering 874% since 2000, new figures reveal today.
The huge increase shows how youngsters are finding it increasingly difficult to find work under the Tory-led Coalition.
A TUC analysis of official figures – published ahead of the latest unemployment figures due out tomorrow – show disturbing long-term trends.
In the last 12 years, the number of 18 to 24-year-olds out of work has risen by 78%.
While unemployment across all age groups has increased by 42% – young people have fared far worse.
The number of young people who have been unemployed for more than a year since 2000 has increased by an enormous 874% – up from 6,260 to 60,955.
In the last year alone as the spending cuts have started to bite, youth unemployment is up by 264%.
On average across all working age groups, long-term unemployment has risen by 50% since 2000.
The number of young people who have been unable to find work for between six months and a year has risen by 152% since 2000, up from 46,610 to 117,680.
And the number of 18 to 24-year-olds without work for up to six months has grown by more than a third (37%) from 210,195 to 288,760.
The TUC analysis also reveals that over the same time period the average wages of young people have fallen in real terms while they have increased for everyone else.
Those aged between 18 and 21 have only received 35% rises, with those aged 22 to 29 faring even worse with pay increases of just 28% – some 10% behind inflation.
The average hourly wage for workers in this age group in 2011 was £9.52 an hour.
Brendan Barber, TUC general secretary, said: “Our young people are already facing a toxic combination of increasing unemployment, high tuition fees and inadequate government support for those people out of work.
“Now we discover they are at a hugely increased risk of being long-term unemployed and are losing out in the wage stakes as well.
“Now is certainly not the time to be young in the UK, with figures showing more than one million people under 24 are unable to find work and the pay of those in work lagging well behind inflation.
“With a strong recovery still failing to take hold, the bleak prospects facing young workers and young jobseekers is going to be with us for some considerable time to come.”
Statistics: Posted by yoda — Mon Jun 18, 2012 9:48 pm
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