sally cinnamon wrote:In the end it comes down to addressing the demand side of the economy.
Lots of people ignore this and just focus on supply side issues like the level of skills and education of the young people. They will say that the reason youth unemployment is high is because most of them lack education. But then you point to high rates of graduate unemployment, and they will say...."yes but there are too many graduates, too many people go to university these days".
The problem lies with not giving youth a chance. Two of the things that the Olympics showed were:
1. That the current generation of youngsters is the best in British history - just need to be given a chance.
2. That people should be allowed to be theirselves (which the ex-military man who headed up the volunteers attrubuted their success to).
I know it's an old theme of mine but the American business school model of dumbing down jobs, scripts and targets, etc destroys creativity, ethics and ultimately business value (see eg the banks, the worst cases in the NHS, etc, etc). The problem is weak, inept management, particulary middle management. Big companies with HR departments like to employ clones so as not to make a "mistake." By doing so they often ignore the best people. Senior management should do the interviewing, IMO, were it is feasible.
As a recent personal example, a graduate lad I know was struggling to get a job so he asked if he could work for us for experience. After 6 months he started applying for jobs in our field. Got a job with a major firm and has just come top equal in the world in one of his professional exams. Just shows what our young people can do if given an opportunity.
So, Damo, keep up the good work.