In contrast to a news report earlier this week, the Daily Express reports today that youth unemployment has reached a record high:
YOUTH unemployment reached a record high today as the jobless total nudged 2.5 million, the worst total since the mid-1990s.
The number of unemployed 16 to 24-year-olds was 952,000 in the three months to October, a quarterly rise of 6,000 and the highest figure since records began in 1992.
Total unemployment increased by 21,000 to 2.49 million, the highest level since early 1995, although the quarterly rise was the smallest for …

Although youth employment is high of late, a recent TUC report highlights that even though this is the case, employment rates still aren’t as high as mid-1980s:
26 per cent of young people were classified as either unemployed or “economically inactive” in 1984, three years after the end of the downturn earlier in the decade.
This total was compared by the organisation to youth unemployment figures from July to September 2009 of 21 per cent.
Via Women in Technology