Young adults are more likely to fall foul of online banking fraud than their parents, a study shows. While the younger generation may be more tech-savvy, it seems they throw caution to the wind when it comes to online safety. A survey found under 25s are more than twice as likely to fall for ‘vishing’, where fraudsters obtain personal details of a victim over the phone. Research found one in six people aged between 18 and 25 would willingly transfer money
Long-term youth unemployment is costing taxpayers more than £180m a year, according to new analysis by Labour. Rachel Reeves, the shadow Work and Pensions Secretary, seized on the figures, arguing that youth unemployment was “a huge waste of [their] talents and potential”. Nearly 30,000 people aged 24 and under have been on the dole for longer than a year and each is estimated to cost the economy £6,243 a year in benefits and lost tax revenue. A Department for Work and Pensions
For young people looking for their first job, one of the biggest hurdles can be the interview process. However, some employers have complained of candidates who are unfamiliar with basic rules, such as shaking hands. The BBC’s Steph McGovern has been looking at the skills shortages in Britain. She has been to meet the UK Commissioner for Employment and Skills, who wants businesses to work more closely with schools to help young people start a career. Read
According to a labour market analysis from Centre for Cities, a think tank that studies the UK’s urban economics, Youth unemployment varies considerably from city to city. Before the recession, 13.8 per cent of working population aged 16–24 was unemployed compared with 16.2 per cent today. At 5.9 per cent of young claimants, Oxford has the lowest long-term unemployment, while Warrington has the highest, with over a quarter of unemployed young people looking for work for a year or more. Overall, youth unemployment
We are pleased to announce that we have being awarded £9,985.00 from AwardsforAll to support unemployed young people with a range of Skills-based workshops to improve their future employment prospects. Here is the press announcement: “This is a project by a community organisation in Barnet. The group will use the funding to purchase a range of electronic equipment in order to provide training workshops for unemployed young people, and hire a consultant to develop a business plan for the organisation.
