A gloomy report today shows that nearly one million young people are out of work as unemployment hits a 14-year high.
Official data revealed that youth unemployment has soared, with more than 700,000 18 to 24-year-olds and 206,000 16 to 17-year-olds jobless.
The figures formed part of what economists described as a "ghastly" set of employment data, which showed that the jobless total had hit a 14-year high of 2.44 million and that the jobless rate had reached a 13-year-high of 7.8 per cent.
The real figures for non-working young people are hidden by the number of in higher and further education and will really start to be revealed as their courses come to an end over the next two to three years, unless we see a dramatic reversal in the economy.
The Times reports the only glimmer of hope in this last quarter's figures was in the number of people claiming benefit. That rose by 24,900 in the period, compared with an expected 28,000 rise.
There's a great deal of good work happening behind the scenes, through 'Thanet Works' and other schemes in trying to find work placement for young people on the island but the broader national figures reflect a worrying trend once you include the sharp rise in unemployment generally.
The Bank of England Governor, Mervyn King, has declared Britain is facing the steepest recession in modern history. He predicts the economy will take longer to recover from this recession than it did in previous economic slumps and it will take “several years” before banks are lending normally to households and businesses
No Government is going to be able to reverse this most consequence of the recession without a considerable struggle and with drastic public sector services cuts just around the corner, we can all expect more pain to come.