Youth joblessness highest since Tories last in power, new figures to reveal

The number of unemployed youth has exceeded one million, according to figures to be published this week

More than a million young people are unemployed, the highest figure since the Conservatives were last in power, official figures to be released this week are expected to reveal.

figures were inflated by the number of graduates who could not find work after joining the job market this summer. Unemployment rose 80,000 to reach 2.51 million in three months to July, 77,000 of them were 18 - and 24 years, raising the total to 973,000 youth unemployment

But the new figures, taking into account the last three months should be the worst since comparable statistics were first recorded in the 1990s.

Howard Archer consultancy IHS Global Insight, said the figures this week was likely to show an increase of 90,000, bringing the total number of unemployed people in the privileged position of the government 2.6 million - above its previous peak and the highest level in 17 years - and pushing the number of young people unemployed for more than 1 million. Everyone knows that the number of people seeking unemployment benefits rose by 20,300 in August. Archer said: "The problem is that, having shown impressive resilience earlier this year, the labor market is increasingly severe deformation under pressure of low economic activity."

Some experts predict that the number of jobs to increase in next three months and next year. Madhur Jha, an economist at HSBC World, said: "We expect that unemployment will continue to rise during the last months of 2011 and first half of 2012, we believe that the underlying trend of the market work in the United Kingdom was one of renewed weakness .. "

• unemployment figures are likely to increase pressure on Chancellor George Osborne to go beyond easing of credit announced in his speech to the Conservative conference in Manchester this week last. He spoke of plans to make it easier for small businesses to obtain credit, but has so far refused to invest more in growth strategy.

Rachel Reeves, who was appointed the new head of the shadow Treasury Secretary Ed Miliband remodeling, new urgency last night called by the government.

Reeves said: "Youth unemployment is at its highest level since 1992, but the government refuses to discuss a Plan B for employment and growth will make the problem worse rather than better until 'that the government thinks it over and over again. were families and people leaving school, college and university who pay the price. "

The figures are as

Observer
reveals growing concern among graduates who are forced to provide free labor through training and experience programs work that employers exploit the large and growing pool of unemployed youth desperate for a place on the labor market. A campaign by the website Graduate Fog reveals how employers, including clothing retailer Urban Outfitters announces unpaid internships for a maximum of nine months.

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