Figures show record fall in youth unemployment

New figures have uncovered a record fall in youth unemployment, standing 206,0009 lower than a year ago.

There was a 102,000 decline in joblessness among 16-24 year olds to 767,000 over the quarter – the biggest since records began in 1992.

Chief Secretary to the Treasury Danny Alexander said: “There is still a long way to go, but this is solid progress and the significant fall in youth employment is particularly encouraging and welcome.”