CBI calls for action on youth jobs after rise in unemployment
The CBI today commented on official data showing unemployment rose by 129,000 to 2.62 million in the three months to September, including a rise in youth unemployment to over a million.
John Cridland, CBI Director-General, said:
"These figures underline why we need urgent action to help our young people take their first steps in the labour market. A generation risks being scarred by the devastating effects of long-term unemployment.
"We are calling for action for jobs now, with a clear plan to get the UK working, focusing on our young people.
"The Chancellor should use his autumn statement to announce a Young Britain Credit, worth £1500, to encourage firms to take on an unemployed 16 to 24 year-old.
"We also need further steps to reform the benefits system to make work really pay and to foster better links between businesses and schools to boost the attractiveness of young people in the labour market."
Further details of the CBI's proposals can be found in the Action for Jobs report.
Note to Editors:
The CBI is the UK's leading business organisation, speaking for some 240,000 businesses that together employ around a third of the private sector workforce. With offices across the UK as well as representation in Brussels, Washington, Beijing and Delhi the CBI communicates the British business voice around the world.
The CBI Annual Conference 2011 takes place on Monday 21 November at London's Grosvenor House on Park Lane, featuring an exceptional line up of business and political speakers. More details can be found at: http://www.cbiannualconference.org.uk/