Saturday, November 16, 2019

Youth Unemployment Surges Under Morrison's Plan

Youth Unemployment Surges

Earlier this week, the Australian Bureau of Statistics recorded a 0.6 per cent increase in youth unemployment rate in October to an 18 month high of 12.4 per cent.
Youth Unemployment
It's more than double the overall jobless rate, of 5.3 per cent.
Forty-one per cent of young unemployed Australians don't have a drivers licence according to the community organisation, the Brotherhood of St Laurence.
Youth unemployment in Australia has risen to an 18 month high, so what can be done about it?
Having the ability to drive a vehicle reduces one barrier to enter the workforce, but PwC chief economist, Jeremy Thorpe said there are many others.
"Young mothers, because they struggle to balance looking after children and work, people from social disadvantage, who have low numeracy and literacy skills.
"The third group is, Indigenous and we see that as aligned with the other two groups at times."
Mr Thorpe said supporting early employment is critical and that businesses can play a part.
"Employers need to find new avenues to bring young people into the workplace, new apprenticeship models are emerging, they provide opportunities for their business to find talent, but also for people to gain those skills which will set them up for life," he said.

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