The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Metro Newspaper UKAre you mortgage ready?Metro Newspaper UKYou'll need to save enough money to cover the deposit and other costs, find the right property, have your offer accepted and get a mortgage — and that's before you've even exchanged contracts. A lot of boxes will ... Find out more at ownyourhome.gov.uk.
The IndependentQuarter of young people in constant debt as prices increase and wages stagnate, finds studyThe IndependentIn order to make ends meet each month, one in five (20 per cent) young people are going into their overdraft, while 18 per cent borrow or are given money by their family and 14 per cent put purchases on a credit card, the findings show. In an ...and more »
The SunLondoners face FIVE year delay to buying a house due to sucky savings ratesThe Sun"With a big drop in home ownership among millennials and almost five million households in the UK calling their rented property home, now is the time for action. “Young people work hard to put money aside for a deposit, but by saving into cash Isas ...
This is MoneyDAN HYDE: Clip Ryanair's wings until penny-pinching O'Leary plays fair on compensationThis is MoneyAnother self-righteous email in 2015 stated matter-of-factly: 'Despite sustained campaigns by government, consumer bodies and other organisations, it appears some consumers continue to be reckless with their personal information, perhaps not realising ...and more »
This is MoneyHow young homebuyers are walking into a debt TIMEBOMB: Interest rate rise would send mortgage bills spirallingThis is MoneyFigures buried in an official report show banks are lending more money to borrowers who can barely afford to get on the property ladder than at any time since the financial crisis. These are classed as homebuyers who put down just 5 per cent or 10 ...and more »
Have you met...
Latest Members:


John Morteen


cheaplingerie


femto


hoowei


hejian


Jensen Breck


Xuwanghuan

 

Young People on jobs scrapheap

Nearly half of all firms won’t be hiring graduates or school-leavers in the near future according to the Chartered Institute of Personnel and Development (CIPD).  Its survey also showed that only one fifth of companies plan to hire 16-year-olds due to leave school and a third have cut their graduate employees in 2009.


With unemployment at around 2.2 million young people have been particularly hard hit. Around 40% of the people who have become unemployed in the past 6 months are under 25.


The long term effects of unemployment among school leavers and graduates during the recessions of the 1980s and 90s are still being felt and analysts fear that we could see a whole generation of young people never realising their potential. It’s the old dilemma. Employers want people with experience but how do you get experience?


You have to start thinking about jobs long before you leave school or university and try to get suitable work experience. If you can’t find paid work experience think about doing voluntary work. Learn how to network from an early age. Sadly it is still true that you can get work because of who you know rather than what you know. Keep in touch with anyone you ever do any work for and get advice on how to compile a CV, fill in application forms and do interviews.


Remember that it’s usually easier to get a job if you’re already in a job so sometimes it pays to take whatever comes along rather than holding out for your ideal post. You may find you have to do things that are beneath you do get some money to pay the bills, while doing voluntary work to get the experience for the work you want to do. And if you are an enterprising type with a good idea why not think about starting up your own business. Your local Business Link is there to give you advice and information. Find out more at www.businesslink.gov.uk 

My next radio series on BBC Radio 4 is The Job Clinic. It goes out on 15/16/17th June at 11.02am and looks at the problems faced by people out of work. Our contributors include Ros who graduated almost a year ago and is still trying to find paid work. Mentors Charles Handy, co-founder of Coffee Republic Sahar Hashemi and career coach Jenny Rogers help them work out what to do next.

 

 

 

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks