There are now 1.74m people out of work as unemployment hit 5.1% in the last quarter when you look at the unemployment rates for 16-24 year olds that figure almost trebles to 14.3% that equates to 582,000 young people out of work.
When you look at the rates for those from ethnic communities over the past year, the UK jobless rate for young black people rose by more than a third to 35%, according to the Resolution Foundation think tank.
That compared with a rate of 24% for young people of Asian descent and a rate of 13% for young white people, both up three percentage points.
The furlough scheme has helped millions of workers to remain in some kind of employment and has been welcomed by business leaders and employers, but it is clear that this scheme has not benefited younger people and in particular those from BAME communities.
So what help is there?
The government has introduced the Kickstart Scheme which is designed to support younger people currently out of work or on Universal Credit. The scheme supports individuals to find a paid placement initially for a six-month period on 100% national minimum wage or living wage.
The scheme is an excellent opportunity for young people who would otherwise find themselves unemployed to join a company that can offer real career progression. WorkAdvisor has filled a number of roles from trainee Architects to sports science roles and a huge number in between and we are working with large number of employers.
Once in role and as we see a bounce back both in terms of the economy and employment generally making the role permanent is really straight forward and cost effective, as there is no additional recruitment cost for advertising or interviewing.
What support is there for employers?
The scheme is an excellent opportunity for employers to take on new employees with zero cost the scheme pays the Kickstart employee for six months and the employer is given a one off grant payment of up to £1,500.
So, the scheme really does pay to be involved!
WorkAdvisor operate as a government registered gateway for the scheme and we are on hand to support employers from the pitch process to the DWP to managing salary payments for the apprentice and onboarding and training.
Why not get in touch to hear how the Kickstart scheme might help your business on 023 8098 6171 or by email firstname.lastname@example.org