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According to a new report published today by The Work Foundation, youth unemployment has been consistently low in Australia. The report found that youth unemployment in Australia has fared well over the past decade, maintaining a relatively stable joblessness rate.
But it warned that Australia was facing long-term challenges with too many of the country’s young people lacking the basic skills necessary to succeed in the labour market.
“The need to improve skill levels is particularly the case at the lower end of the educational distribution as youth labour market problems are principally concentrated on low educated, disengaged or indigenous youth,” the report said.
It also criticised Australia’s ‘Work for your Dole’ scheme which tries to tackle youth unemployment. The report raises major concerns about the scheme, with evidence showing it to be largely ineffective at getting young people into employment. It warns that while voluntary schemes can have a small positive impact, forcing people to take part in schemes can actually reduce a person’s chances of getting into work.
At the same time, the UK has seen the fastest rise in youth unemployment of any country in the G8 since the start of the recession and now has the third worst levels in the OECD, with only Spain and Greece topping these levels.