Unemployment lowest since recession as Dragon launches new site to help young people into work
Piers Linney launches workinsight.org to connect students with work experience
UK-wide unemployment is now the lowest since the recession, official figures have revealed, with almost a million more people in work than this time last year.
The latest Office For National Statistics (ONS) figures, released today, showed that in the period from April to June 2014 there were 30.60 million people in work, 167,000 more than the January to March period and an increase of 820,000 on the same time last year.
However, the level of youth unemployment remained high, with the number of young people classed as not in education, employment or training (NEETS) at 13.5% last month – substantially higher than the 7.8% recorded in Germany – and 817,000 of the 2.12 million people seeking work in the UK were aged from 16-24.
Coinciding with the figures, Dragons’ Den star and co-founder of cloud service provider Outsourcery Piers Linney today announced the launch of a not-for-profit website to help young people find work. Entitled workinsight.org, the website and mobile app claims to allow students aged 14-19 to connect with employers for work experience through their school or college.
Linney said: “It’s encouraging to see unemployment continue to fall, but more must be done if this trend is to be sustainable, particularly for young people, who continue to make up a high percentage of the unemployment figure.
“I believe workplace experience provides a powerful opportunity to help them find their feet in the working world, giving them invaluable experience that will benefit them throughout their careers. Today’s youth will carry tomorrow’s economy, so supporting their development should be a high priority for educators and business alike.”
Commenting on today’s ONS statistics, David Morel, managing director of London-based Tiger Recruitment, added:
“We expected employment levels to improve in 2014 but not by this much. At some points in recent years it felt like I’d never say it again, but the jobs market is looking pretty healthy.
“Employer demand continues to strengthen for both permanent and temporary roles, across all sectors and at all levels, including graduates. […] This is a good barometer of increased activity and confidence within companies.”