by Mark Corney
Much has been made of the fall by 9,000 in the number of unemployed 18-24 year olds.
Welcome news indeed but the presumption is they are in jobs. Nothing could be further from the truth as the number in employment also fell by 12,000.
So where have these 21,000 18-24 year olds gone?
16,000 more were economically inactive – without a job and had not looked for work – and
to complete the picture there are 5,000 fewer 18-24 year olds in the overall population
But the real story behind the figures is the continuing role of full-time education in reducing youth unemployment and inactivity.