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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?

But yes, so I hear that a lot.

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

And obviously, look, if you're an employer, and I am and have been an employer, every time you take on a young person, the truth is it's always a risk because they're unproven, aren't they?

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

It's not like you're taking on somebody a bit older and they've got a track record and a CV and got a reference.

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

So what we've got to do is make sure that the risks are minimised and the incentives are maximised for employers.

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

So obviously we're looking at all of those issues in the round.

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

And we're looking at what employers could be doing more to make it easier for young people to come into the workplace.

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

The really great thing I'm finding every conversation I'm in with every employer, you know, particularly when you're talking to employees in a local community as part of a local area.

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

They want to do something about it.

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

And they want to do something not just because, honestly, because it's a bit of like do-gooding or ESG or whatever it is.

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

They want to do it because they themselves very often are struggling to recruit skilled labour.

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

And now that you've got levels of migration falling and a lot of employers have been overly reliant, arguably, on immigrant labour...

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

That's coming down.

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

In fact, the net level of migration is probably going to be zero or below, according to the OBR, within the next year, maybe even in this calendar year.

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

Employers can't be on easy street anymore.

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

And just assuming that migrant labor is the answer.

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

So they're going to have to find a different source of labor.

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

And that is, you know, there's a big, here you have a million young people.

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

Hold on a minute.

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

Why are we enabling them into the workplace?

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

That's obviously a job for government as well, but it's also a job for employers to think about.