The employment half of 18-24 ‘earn or learn’

 by Mark Corney

Three hours before the Chancellor delivered Budget 2014, official figures showed that 1,137,000 young people aged 18-24 were unemployed or inactive and not in full-time education. This is group of 18-24 year olds policy makers should be most acutely worried about.

Some 578,000 young people aged 18-24 are unemployed - having looked for work in the past four weeks – but are not in full time education, down 26,000 on the previous quarterly average.

Meanwhile, 559,000 young people aged 18-24 were inactive – having not looked for work in the past four weeks – but are not in full-time education, down 4,000 on the previous quarterly average.

The learning half of 18-24 ‘Earn or Learn’

by Mark Corney

Around 500,000 young people aged 18-24 in England are unemployed - having looked for work in the past four weeks - but not in full-time education. A further 500,000 are economically inactive - they have not looked for work in the past four weeks - and are not in full time education.

There are two main ways to reduce the million 18-24 year olds who are unemployed or inactive but not in full time education. The first is to increase the number of young adults in employment with or without apprenticeships and in part-time education. The second is to increase the number in full-time education.