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Alan Milburn

๐Ÿ‘ค Speaker
583 total appearances

Appearances Over Time

Podcast Appearances

The Rest Is Money
271. Youth unemployment - a national emergency?

I think the final point is what's changed on the demand side in the labour market is equally important because it used to be that when you and I were growing up, you know, you could get a Saturday job, you could walk into a part-time job, etc.

The Rest Is Money
271. Youth unemployment - a national emergency?

And the nature of the labour market's changing.

The Rest Is Money
271. Youth unemployment - a national emergency?

So what employers are doing is really important as well.

The Rest Is Money
271. Youth unemployment - a national emergency?

So if you look, for example, at vacancies in...

The Rest Is Money
271. Youth unemployment - a national emergency?

A sector like hospitality, restaurants, pubs, hotels, where a lot of kids would start their working lives, they're down by 50% in five years.

The Rest Is Money
271. Youth unemployment - a national emergency?

Retail, they can see, is down by not quite that, but they've been falling for 10 years.

The Rest Is Money
271. Youth unemployment - a national emergency?

So jobs in shops and hotels and pubs and restaurants, where a lot of kids would start their working lives,

The Rest Is Money
271. Youth unemployment - a national emergency?

Those vacancies have been falling.

The Rest Is Money
271. Youth unemployment - a national emergency?

So that's a big problem.

The Rest Is Money
271. Youth unemployment - a national emergency?

Apprenticeship starts are down by a third amongst young people in 10 years.

The Rest Is Money
271. Youth unemployment - a national emergency?

So these, if you like, entry routes into employment, they are being closed off.

The Rest Is Money
271. Youth unemployment - a national emergency?

And if you put that together with the mental health crisis and some of the failures in the system, you've got quite a big problem.

The Rest Is Money
271. Youth unemployment - a national emergency?

Yes, and obviously we're talking to a lot of employers, you know, small and medium-sized as well as sort of the bigger employers.

The Rest Is Money
271. Youth unemployment - a national emergency?

So, you know, obviously we talk a lot to, you know, I had a meeting the other day with the chairman of Marks & Spencers, for example, while we were talking to Sainsbury's.

The Rest Is Money
271. Youth unemployment - a national emergency?

Yeah, the old Archie, yeah, exactly.

The Rest Is Money
271. Youth unemployment - a national emergency?

So I saw Archie the other day over at M&S HQ.

The Rest Is Money
271. Youth unemployment - a national emergency?

Didn't offer me a sandwich, which was very disappointing, by the way.

The Rest Is Money
271. Youth unemployment - a national emergency?

But he did tell me that one in eight prawns sold in the UK are sold in Marks and Spencer's.

The Rest Is Money
271. Youth unemployment - a national emergency?

One in eight prawns, apparently.

The Rest Is Money
271. Youth unemployment - a national emergency?

So you learn something every day.