Praetorian Marketing Learns Graduates Just as Likely to Be Unemployed as 16 Year Old School Leavers

Feb. 22, 2012 - PRLog -- The statistics showed that a quarter of people in the 16-24 age bracket were unemployed and there was no discernable difference between those who left school with no qualifications and those who graduated at 21. Praetorian Marketing understands that this figure falls to 5 percent when graduates reach the age of 24.

The statistics from the ONS appear to mirror those from the previous three recessions. Apparently youth unemployment has risen during the last three recessions and in the period immediately after them. The current figure of 1.04 million is the highest since 1986 and compares to 924,000 in the 1993 recession.

The worrying signs of youth unemployment is something that Praetorian Marketing has been highlighting for some time and it seems that deputy prime minister feels the same way. He said last week, “It is a tragedy for the young people involved – a ticking time bomb for the economy and our society as a whole.”

Far more than the financial repercussions of unemployment Praetorian Marketing feels Mr. Clegg was wise to point out that the psychological effects are just as damaging. “Sitting at home with nothing to do when you’re so young can knock the stuffing out of you for years. We urgently need to step up efforts to ensure some of our most troubled teenagers have the skills, confidence and opportunities to succeed."

The statistics have been released at the same time as the government is due to launch a £124 million fund to help young people find employment. A spokesperson for Praetorian Marketing said, “Whilst the statistics are deeply concerning it is positive to see that action is being taken to improve the situation.” Britain is just above the European average for unemployment among young people and is half of what it is in Spain.

Praetorian Marketing supports the recent move by universities to show their students the importance of work-place experience as well as their degree. There really isn’t enough that graduates can do to prepare themselves for the working world at this time.

# # #

Praetorian Marketing is a national outsource marketing and sales company based in Birmingham with offices throughout the West Midlands.