Britain's youth jobless crisis is growing at an alarming rate, with almost one million 16- to 24-year-olds not in education, employment or training. This has led employers to freeze their hiring plans and unemployment rates hitting a four-year high of 4.8%. The problem runs deeper than the headline statistics, however, as a significant proportion of young people are struggling with work-limiting health conditions or disabilities.
The latest review from Sir Charlie Mayfield, commissioned by ministers last year, has highlighted the need for businesses to do more to support those with work-limiting health conditions and disabilities. Mayfield believes that investing in employee health and wellbeing is not only necessary but also highly returning for employers.
The government's response will be crucial in addressing this crisis. The chancellor's upcoming budget promises a "youth guarantee" with investment in skills, training, apprenticeships and further education. However, critics warn against cutting disability benefits, urging the government to reform the Access to Work scheme and raise statutory sick pay instead.
For business leaders, the issue is complex. While they may feel pressure to take on more employees, their capacity to do so is at breaking point. Nevertheless, refusing to help young people and those with health conditions who are struggling to get back into work would be short-sighted. It would deprive businesses of potential employees and customers, leading to further rises in unemployment and economic suffering.
In reality, investing in employee health and wellbeing should not be seen as a burden but rather an opportunity for employers to reap the benefits of a more productive and motivated workforce. As Mayfield says, "We have to figure out how to create the circumstances where more employers both feel and experience that."
The UK's Neet rate – those who are neither in education, employment nor training – is currently higher than many OECD countries. Matching this rate could deliver a boost of £69bn to the economy. The TUC warns against taking a renewed shot at cutting disability benefits, urging the government to reform the Access to Work scheme and raise statutory sick pay instead.
Ultimately, the government's response will be critical in tackling Britain's youth jobless crisis. By investing in education, skills training, and employee health and wellbeing, they can create an environment where young people with work-limiting conditions or disabilities have a real chance of getting back into work. Anything less would be short-sighted, and would only exacerbate the problem.
The latest review from Sir Charlie Mayfield, commissioned by ministers last year, has highlighted the need for businesses to do more to support those with work-limiting health conditions and disabilities. Mayfield believes that investing in employee health and wellbeing is not only necessary but also highly returning for employers.
The government's response will be crucial in addressing this crisis. The chancellor's upcoming budget promises a "youth guarantee" with investment in skills, training, apprenticeships and further education. However, critics warn against cutting disability benefits, urging the government to reform the Access to Work scheme and raise statutory sick pay instead.
For business leaders, the issue is complex. While they may feel pressure to take on more employees, their capacity to do so is at breaking point. Nevertheless, refusing to help young people and those with health conditions who are struggling to get back into work would be short-sighted. It would deprive businesses of potential employees and customers, leading to further rises in unemployment and economic suffering.
In reality, investing in employee health and wellbeing should not be seen as a burden but rather an opportunity for employers to reap the benefits of a more productive and motivated workforce. As Mayfield says, "We have to figure out how to create the circumstances where more employers both feel and experience that."
The UK's Neet rate – those who are neither in education, employment nor training – is currently higher than many OECD countries. Matching this rate could deliver a boost of £69bn to the economy. The TUC warns against taking a renewed shot at cutting disability benefits, urging the government to reform the Access to Work scheme and raise statutory sick pay instead.
Ultimately, the government's response will be critical in tackling Britain's youth jobless crisis. By investing in education, skills training, and employee health and wellbeing, they can create an environment where young people with work-limiting conditions or disabilities have a real chance of getting back into work. Anything less would be short-sighted, and would only exacerbate the problem.