New research released recently reveals that the younger generation do not feel able to chase their dream jobs, citing a lack of opportunity (36%) as the number one obstacle.

Other factors that are holding young people from having a dream job are money (35%), lack of self-confidence (32%), lack of experience (33%) and the increased cost of living (30%).

Overall, the younger generation is only planning for the short term, against the backdrop of economic uncertainty.

Sixty per cent of young people say they need to prioritise any job over their dream job now, and 40 per cent have changed their career plans in the past year.

More than half (57%) say they have lowered their long-term aspirations over the past two years, suggesting young people are having to become more pragmatic in what they prioritise when it comes to their working lives.

The cost of living (57%), the UK economy (44%) and their mental health (39%) are cited as having the biggest impact on young people’s futures.

Half of those surveyed say they are not planning beyond the next six months. When asked about their long-term life goals, maintaining good physical and mental health, and living happily were amongst the top answers.

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The culture secretary reaffirms her vision for the youth sector at the Youth Futures Foundation (YFF) Connected Future conference.

The speech includes some of what is being done in Government to help our young people achieve their potential. Changing young people’s lives and giving them the best start in life.

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Want to know how a particular area compares for employment?

Find our labour market indicators at local and unitary authority level for Great Britain.

You can find estimates of the number of people who are employed, unemployed and economically inactive in any local area. Try the tool.

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International comparison’s data on harmonised unemployment rates for major international economies.

• The UK harmonised unemployment rate for Q2 2023 was 4.2%, up from 3.9% in Q1 2023. This was above Germany (3.0%) and the US (3.6%) but below France (7.3%).
• The Eurozone’s rate was 6.5% in Q2 2023, down from 6.6% in Q1, while in the G7 it was unchanged at 4.0%.
• Unemployment rates rose in almost all the OECD countries following the coronavirus outbreak, although the size of the increase varied widely.
• Spain had the highest unemployment rate out of the OECD member states in Q2 2023 at 11.9%, followed by Greece at 11.3%. Czech Republic, Japan and South Korea had the lowest at 2.6%.
• Youth (aged 15-24) unemployment is a major issue in many developed economies at present. In Q2 2023 the youth unemployment rate was 27.7% in Spain, 26.4% in Costa Rica and 25.9% in Greece. It was 12.3% in the UK.

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‘Made with Care’ has launched to encourage people with the right qualities to begin a career in adult social care.

The campaign aims to reach millions of people via video on demand, radio, and digital channels.

A range of free and easy-to-use resources will be provided to the adult social care sector to support employers filling in their vacancies.

People looking to make a genuine difference to people’s lives are being encouraged to join the adult social care workforce through a government recruitment campaign launching today.

The ‘Made with Care’ campaign is returning for a third year, with advertising promoting the wide range of opportunities available to people across England to build a career in adult social care and help people live happy, healthy, fulfilling lives.

Running until the end of March 2024, campaign advertising will appear to millions across video on demand platforms such as ITVX, Sky Go and Channel 4; radio and digital audio channels such as Spotify and social media and digital channels like Facebook and Instagram, to direct job seekers to www.adultsocialcare.co.uk.

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Teacher recruitment will see a huge boost this academic year with £196 million to attract more teachers across key subjects.

This will fund scholarships, bursaries and salary grants to help thousands of candidates through their initial teacher training (ITT).

Scholarships for those training to teach mathematics, physics, chemistry, and computing will now be brought up to £30,000 tax-free, in order to attract more talented teachers in these key subjects to support the delivery of the advanced British standard (ABS).

The ABS is a new single qualification for 16- to 19-year-olds that will bring together the best of A Levels and T Levels, giving students the freedom to take a mix of technical and academic subjects, boosting their skillset and giving students more flexibility over their future career options.

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Young people will get better support and services as the Government supports the training of youth workers with £800,000 of new funding.

More than 500 youth workers and volunteers, who would otherwise be unable to undertake training, will have their course fees fully paid for by the Government.

New bursaries for 500 youth workers to get skills and qualifications to better support young people £800,000 in government funding will mean more vulnerable children and teenagers have someone trained to talk to outside school.

Extra funding so local organisations can work together better to improve their youth offer.

Clearer government guidance to make it easier for local authorities to provide more opportunities and services. Builds on the Government’s ‘National Youth Guarantee’, backed by an investment of more than £500 million.

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Thousands of young people at risk of falling out of education, employment, or training once they leave school will be given career mentoring and life skills training to help them succeed in life.

A new Building Futures programme will offer 14-to-16-year-olds a ‘guiding hand’ as they navigate leaving school, with coaching, careers, and educational counselling, plus support for wellbeing and mental health such as dealing with relationships.

Targeted at up to 5,000 young people at risk of not being in education, employment, or training after they turn 18, the £15 million programme will give participants a mentor to offer sustained, personalised help and careers guidance.

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The Cabinet Office announces 2,500 ambitious tech talents will be recruited into digital roles in government by June 2025 through new apprenticeship and early talent programmes.

This is being kickstarted by the new digital apprenticeship programme, which will support the recruitment of 500 early career entrants into digital roles this financial year across government. This new programme will provide the opportunity for both civil servants and new entrants to be recruited into the most in demand data and technology roles, such as Cyber Security Technologists and Software Developers.

The remaining 2,000 opportunities will include 1,300 additional digital apprenticeship programme roles, and 700 roles created through an expansion of existing departmental digital programmes, such as the Software Developer Programme.

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The National Living Wage will rise to two-thirds of average earnings.

The Chancellor commits to Low Pay Commission recommendations, with the latest forecasts showing a pay boost next year worth over £1,000 for 2 million low-paid workers. Successive rises mean a full-time worker on the National Living Wage will be over £9,000 better off than they would have been in 2010.

In a significant boost for the UK’s lowest paid, the Chancellor committed to accept the Low Pay Commission’s recommendations – which will be announced in November. Based on the Low Pay Commission’s latest forecasts, this would see the National Living Wage increase to over £11 an hour from April 2024 and would mean the annual earnings of a full-time worker on the National Living Wage will increase by over £1,000 next year.

People currently aged 23 and over are eligible for the National Living Wage, with over 2 million workers on low pay set to benefit from the increase. The announcement, after successive rises since its introduction in July 2015, means a full-time worker on the National Living Wage will be over £9,000 better off than they would have been in 2010.

Each year, the independent Low Pay Commission produces recommendations to the Government on National Living Wage and National Minimum Wage rates. This year it is due to make recommendations for the rates that will take effect from April 2024, based on their remit which sets a target for the National Living Wage to reach two-thirds of median earnings by 2024 for workers aged 21 and over, taking economic conditions into account.

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