Yesterday it was announced that unemployment is up to 2.26 million and that youth unemployment surged to its highest level for 15 years.
Official figures show that one third of pupils aged 16 and 17 who have already left school were out of work in the three months to April. The number of young people claiming benefits has soared by 80 per cent to 456,400 in the year to May and this will be added to in the next few weeks when the current school year ends.
This may, in some way, be caused by the current economic downturn, but it may have more to do with the fact that the population is increasing year upon year, workers from EU member states having the right to work here in the UK and people approaching retirement age being urged to stay on at their job because the government is running out of State Retirement Benefit funds.
Even in times of plenty there are only so many jobs to go round, so what chance do these school leavers have?
In the not too distant future, 2.26 million unemployed may equate to almost full employment!