In Britain One in five young people out of work as jobless total hits 2.5m

Unemployment in Britain has surged by 49,000 to nearly 2.5 million, including one in every five young people ”“ putting the number of 16- to 24-year-olds out of work at close to a million, the highest since records of youth unemployment were first kept in 1992.

The rate of joblessness among 16-to 24-year-olds is now 20.3 per cent, which is two-and-a-half times therate among the population as a whole.

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Posted in * Culture-Watch, * Economics, Politics, * International News & Commentary, Economy, England / UK, Labor/Labor Unions/Labor Market, The Credit Freeze Crisis of Fall 2008/The Recession of 2007--, Young Adults