Youth unemployment remains too high, says Vince Cable

According to new figures from the Office for National Statistics (ONS) the number of people out of work in the UK fell to its lowest level for more than six years, in the three months to November, yet the number of jobless 16 to 24-year-olds increased by 30,000 to 764,000 – the first quarterly rise since June to August 2013.

Business Secretary Vince Cable said: “Youth unemployment remains too high. That is why we will continue to encourage firms to invest in the UK and equip British workers with the skills they need to compete in the jobs market.”

Shadow Work and Pensions Secretary Rachel Reeves said: “Today’s fall in overall unemployment is welcome, but wages remain sluggish. Today’s figures also show a worrying rise in youth unemployment. The government should bring in a compulsory jobs guarantee to get young people into work.”