July Month Focus
Early Careers month
It’s Early Careers month here at VERCIDA towers and throughout the month we will be exhibiting some of the work our clients are doing to help young people launch their careers.
From graduate training schemes and internships to career progression initiatives and placements, we are spending the month of July engaging with our network to bring you up to date with the opportunities available for school, college and university leavers.
There has been a steady increase in the number of graduates in the UK over the past decade and a decrease in unemployment in this group.
In February 2020 the House of Commons published that the unemployment rate (the proportion of the economically active population who are unemployed) for 16-24 year olds was 11.3% in October-December 2019 compared to 14.4% for the European Union as a whole. This is down from 11.9% in the previous quarter and from 11.8% a year before.
By historical standards, unemployment levels for young people are very low which is a positive fact for the economy.
But while these official figures suggest an overall decline in the number of young people not in education, employment or training (NEET), the Independent published an article outlining government data that suggests a large proportion of 16-24 year olds are still struggling to find work. The study also found that of the seven million young people in the UK, 10% were spending a year or more out of education, work or training
By tapping into the inspirational stories of members within our community, we hope to motivate our young readers into taking those first steps toward a career they’ll enjoy.