An estimated 26,400 people aged 21 and under are currently listed as directors of UK Ltd companies, according to professional services consultancy Procorre. The report claims that the rapid growth of the app economy – economic activity relating to mobile applications – and success of young people in the industry is leading to a shift in ‘Generation Y’ to ‘Generation Entrepreneur’. The accessibility of media and technology and growth of related sectors has encouraged many aspiring entrepreneurs aged 21 and under
TV gardener Monty Don has warned that young people are being turned off gardening because they can no longer afford homes with green spaces. The Royal Horticultural Society has reported a surge in interest in the young. But the presenter, criticised councils for building on allotments and said that spiralling property prices meant that younger generations did not have the opportunity to get green-fingered. “My generation grew up expecting some sort of ownership and access to gardens. I had my first home
The UK could learn from the US on improving opportunities for young people entering employment, according to a Centre for Cities report. The report, Youth Opportunity; Lessons on improving young people’s employment prospects from US cities, states that the most successful US cities have “high levels of employer engagement and direct involvement from employers.” “Successful collaborations also have strong leadership; shared and measurable goals; support from an intermediary organisation; and monitoring and evaluation systems that encourage continuous engagement
Two-fifths (40%) of young people believe they are ill-equipped to get a full-time job as they lack practical experience, according to a survey by recruitment company Adecco. The survey of 16- to 24-year-olds also found that nearly a third (30%) of those in full-time education expect it to take six months or more to secure a full-time job. Those actively seeking work have on average applied for 11 jobs in the last 12 months, but have only secured two interviews. More
