Taxation of the wealthy is the only real answer. There is no other answer. The money circulating are in few hands with little desire to change that dynamic.
There is no growth and no increase in the demand for labor of any kind. It is not just a USA phenomena when it comes to the graduated unemployed.
So much for the promises they all grew up with and the right to pursue them.
Natasha Lawrence, 23, Chichester - unemployed graduate. "When I graduated in July with a 2:1 in English I was hopeful of finding work, but the Government have cut so many public sector jobs and everybody's worried about money, so there's less jobs and much more competition. Internships mean only those who can afford to forego a salary can get ahead, which is a major attack on equality."
By Jerome Taylor
In Japan they call them freeters, an amalgamation of "freelance" and the German word for workers arbeiter. The Tunisians opt for hittistes, a slang Arabic phrase which roughly translates as people who lean against walls. In Britain we prefer NEETs, the term we use to describe the depressingly swelling ranks of our young who are not in education, employment or training.
There is no growth and no increase in the demand for labor of any kind. It is not just a USA phenomena when it comes to the graduated unemployed.
So much for the promises they all grew up with and the right to pursue them.
Natasha Lawrence, 23, Chichester - unemployed graduate. "When I graduated in July with a 2:1 in English I was hopeful of finding work, but the Government have cut so many public sector jobs and everybody's worried about money, so there's less jobs and much more competition. Internships mean only those who can afford to forego a salary can get ahead, which is a major attack on equality."
Youth unemployment: The angry millions (click title to entry - thank you)
Figures out tomorrow are expected to confirm the worst youth unemployment figures for nearly 20 years. But it's the lack of hope, as much as the lack of jobs, that is dangerous
Tuesday, 11 October 2011By Jerome Taylor
In Japan they call them freeters, an amalgamation of "freelance" and the German word for workers arbeiter. The Tunisians opt for hittistes, a slang Arabic phrase which roughly translates as people who lean against walls. In Britain we prefer NEETs, the term we use to describe the depressingly swelling ranks of our young who are not in education, employment or training.
But whatever you call them and wherever you are, the youth unemployment time bomb is ticking and in Britain there are few signs of things getting better.
Tomorrow the Office for National Statistics (ONS) will release the latest employment figures from the past three months, with most analysts expecting the number of under-24s out of work to pass the one million mark for the first time since the early 1990s....