The BCC (British Chambers of Commerce) is calling for a £100m scheme to encourage companies to hire the jobless young or apprentices. And it wants tax breaks to encourage investment in young entrepreneurs.
The Treasury said youth unemployment was falling, and that further measures would bring the jobless figure lower.
There are currently almost 920,000 young unemployed people in the UK. The unemployment rate for 16 to 24-year-olds is 19.9%, according to figures released by the Office for National Statistics last week. Youth unemployment is now at its lowest level since the spring of 2011. The total number of jobless people is 2.34 million – or 7.2%. Read more
