Youth Unemployment

Part of Opposition Day — [Un-allotted Day] – in the House of Commons at 4:54 pm on 9 November 2011.

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Photo of Meg Hillier Meg Hillier Labour, Hackney South and Shoreditch 4:54, 9 November 2011

In my constituency, unemployment among 20 to 24 year olds is now at nearly a quarter. Members across the House should be alert to the cohort challenge, because a whole cohort of graduates is being hit hard. The unemployment rate for new graduates in the third quarter of 2010, according to the Office for National Statistics, was 20%. One in five recent graduates who are economically active and looking for work is unable to find it. That is almost double the rate from the start of the recession, which was 10.6%.