The latest UK unemployment figures are more bad news for the Coalition government. With their plans to increase the UK retirement age drastically, over the next few year,s just where will people find employment?
The government may maintain that is why the country needs wealthy people to invest in the UK and generate new jobs but that rarely happens. More often than not the big earners take their money elsewhere and stock pile funds rather than invest in people.
Added to all of this the coalition's austerity plans will put more people out of work, particularly those in the public sector. They also plan to cut welfare benefits so it is fair to say the UK will have too many people chasing too few jobs but with no other means of support. If people cannot find work and the welfare state fails them in their hour of need many will turn to crime.In the north of England, as always, the news is dire. Unemployment is always higher here and more difficult to address when, if ever, the recession ends. Sadly youth unemployment is rising all the time. It is not just the influx of school leavers each year but whole sections of young people unable to find work year on year.
Figures released today have the UK youth unemployment figures at their highest since 1996. It is worth noting that was the year before Labour were returned to power after many years in the wilderness. The Tories in 1996 had managed to increase unemployment to ridiculously high levels. It looks like they are doing the same again.
Of course they will blame the previous Labour government and the current global economy but that does not wash. They have been in government long enough to accept responsibility themselves. When Labour;s Gordon Bowon blamed the global economy the Conservatives balled him out. Now the boot is on the other foot.
Sky News reported the unemployment figures sayng, "The number of unemployed 16 to 24-year-olds went up to 1.016 million, from 991,000 the previous month, according to theOffice for National Statistics (ONS). Total unemployment increased by 129,000 between July and September to 2.62 million, a jobless rate of 8.3%. However, the number of people claiming Jobseeker's Allowance last month increased by just 5,300 to 1.6 million, it said, the smallest rise since February."
The fact that less people are claiming Job Seeker's Allowance could be down to many things. Less people will be eligible to claim with the current benefit restrictions for example Plus it is only payable for six months and then JSA ceases and some young people will not be eligible for JSA.
In general the UK government believe that business is taking a cautious approach and so work force recruitment is taking a back seat. Many public sector posts are frozen and so posts remin empty for the time being.
The UK, as has happened in the past, is currently in danger of having a new generation unable to find work for a long period of time. If in the future the situation improves these will more than likely fall by the wayside. With little if any worlk experience they could become unemployable.
David Cameron likes to reiterate that we are in it together so perhaps it is time he put his money where his mouth is and looked at helping the unemployed before it is too late.
Youth Unemployment in Europe: