One in seven people are unemployed within a year of leaving school or university, research has found.
The study showed sharp differences in the unemployment rate for people with different qualifications. Only 5 per cent of young people who have recently finished a trade apprenticeship were out of work, compared with 16 per cent of those who left school or college after sitting A levels and 28 per cent of teenagers who left with low grades in GCSEs as their highest qualification.
The report, by the Institute for Public Policy Research (IPPR) looked at employment patterns among people aged 16 to 24 who left full-time education to enter the jobs market in the past year. Their average unemployment rate was 15 per cent. Only a third of these were graduates, with most having lower qualifications equivalent to A levels.
Spencer Thompson, a senior economic analyst at IPPR, said: “More than 60 per cent of those in the entry-level job market are not graduates, and those leaving school with qualifications below A level are faring much worse in terms of unemployment in their first year after education. Although work has been done by this government to increase the number of apprenticeships available, participation in these schemes by under-25s remains low.”