Young workers are the hardest hit by covid. Some areas of the economy are recovering but young workers are under represented in these areas.
A new major study by HSBC UK shows that there will be long lasting damage to youth employment prospects and will exacerbate inequalities within this labour market much further.
3 in 5 jobs lost in sectors where youth employment is highest.
This has financial and social ramifications.
On the social side:
What can you do?
The government’s Kickstart scheme provides funding to employers to create job placements for 16–24-year-olds who are on Universal Credit.
Kickstart is a work experience programme that provides fresh opportunities to young people and also delivers new talent, fresh thinking, new energy and fresh ambition to participating organisations.
This has been a tough year for the new generation of work entrants and this scheme is an opportunity to make a difference.
Or contact me: firstname.lastname@example.org
Young workers are under-represented in these sectors, and the industries that typically employ young people will be hardest hit in the long term. Labour market analysis and surveys with employers and young people warns that the pandemic will continue to exacerbate pre-existing inequalities.