Youth unemployment is set to hit the highest level in four decades

Covid jobs crisis hits young people and ethnic minorities the hardest: More than one fifth of BAME workers and 19% of 18-24 year olds who were furloughed are now unemployed, report reveals One in five furloughed 18 to 24-year-olds  have already been thrown out of work Resolution Foundation says it's the worst jobs crisis for young since early 1980s  Jobless rate for 18-24 year olds almost doubled to 20 percent since crisis started 

By James Salmon For Daily Mail

Published: 01:56 GMT, 28 October 2020 | Updated: 08:27 GMT, 28 October 2020

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Youth unemployment is set to hit the highest level in four decades after the furlough scheme ends this weekend, a report has warned.

Analysis by the Resolution Foundation reveals young people and those from ethnic minorities are bearing the brunt of the jobs crisis.

It found that one in five 18 to 24-year-olds who have been furloughed have since been thrown out of work – the worst jobs crisis for young people since the early 1980s.

A report has warned youth unemployment is set to hit the highest level in four decades after the furlough scheme ends this weekend

A report has warned youth unemployment is set to hit the highest level in four decades after the furlough scheme ends this weekend

A similar proportion of people from ethnic minorities have lost jobs after being on the Government’s furlough scheme.

The report estimated the overall unemployment rate has risen from 4.5 per cent over the summer to 7 per cent last month. But it said the jobless rate for 18-24 year olds has almost doubled since the crisis started to 20 per cent.   

Kathleen Henehan, senior research and policy analyst at the

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