NEAC CEO involved in REC Youth Employment Task-force
Paul Champion NEAC CEO has been involved in the review of the REC Youth Employment Task Force at the House of Lords.
There are nearly one million young people who are not in education, employment or training in the UK. We know from previous recessions that significant periods of unemployment in the early years of a person’s working life can have serious consequences on their future job prospects. Gaps in employment can mean that young jobseekers do not acquire the skills and relevant work experience which employers are looking for. Furthermore, unemployment can seriously damage a young person’s confidence which can significantly hamper their career prospects throughout their working lives.
This is an issue which should concern us all. The direct cost of youth unemployment is substantial: the Prince’s Trust has put a figure at £4.7 billion a year after taking into account productivity loss and the cost of benefits. In addition, healthy businesses need healthy communities in which to operate. If a generation of young people is scarred by unemployment then this is not only damaging to Britain but poses a real threat to employers.
Employers and recruiters can play a crucial role in highlighting the skills and support mechanisms that are needed to build effective bridges for young people to go into the world of work. It is for this reason that the REC has established a Youth Employment Taskforce to provide practical advice to Government to tackle the problem.
The taskforce is chaired by Baroness Prosser, Deputy Chair of the Equality and Human Rights Commission (EHRC) and involves high-profile employers, leading recruiters, including NEAC.
The aim is to provide feedback and practical recommendations to politicians and policy makers. Specific issues that are being addressed include identifying future sectors of growth, highlighting the skills and attitudes needed by young people to succeed at work and recommending the support young jobseekers need to be able to succeed in a competitive labour market.
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