The Unaffordable Youth Unemployment Crisis - and How Volunteering Can Help

Youth unemployment is a growing crisis, with severe financial implications. The Commission on Youth Unemployment’s report, Youth Unemployment: the crisis we cannot afford, highlights that youth unemployment could cost the public £4.8 billion in 2012, with long-term effects reaching £2.9 billion per year. The projected cost to the Treasury over the next decade is estimated at £28 billion.

The Real-Life Impact

As a recent graduate, I felt the sting of unemployment, facing numerous rejections despite my qualifications. Fortunately, I landed a paid internship at Vinspired, but many young people remain jobless and disheartened.

Proposed Solutions

The report recommends several strategies:

• Enhancing the Government’s ‘Youth Contract’ initiative
• Offering part-time job guarantees for long-term unemployed youth
• Creating Youth Employment Zones
• Launching a mentoring scheme for young people

Volunteering: A Pathway to Employment

Volunteering is an underutilized resource that can significantly enhance employability. According to a survey, 72% of employers believe volunteering positively impacts career progression. Volunteering not only keeps young people motivated but also helps them acquire crucial professional skills.

Vinspired is dedicated to developing innovative solutions to combat youth unemployment through initiatives in training, informal education, and volunteering. These efforts aim to reduce welfare dependency and increase job readiness among young people.

For more insights, explore our articles on The unaffordable youth unemployment crisis - and how volunteering can help, Youth unemployment through the lens of volunteering, and Volunteers’ Week 2016 - Is volunteering the answer?.