How youth unemployment has risen under the coalition

The number of young people out of work has increased from 919,000 to 963,000 under the coalition.

A year on from their first press conference in the Rose Garden at No 10, David Cameron and Nick Clegg appeared together at an event on youth unemployment in Stratford today.

They announced the launch of a £60m employment programme and pledged to fund 250,000 more apprenticeships over the next four years, as well as 100,000 work placements over the next two years.

But is it too little, too late? As the graph below shows, youth unemployment among 16-to-24-year-olds, which was falling when Labour left office, has risen from 919,000 to 963,000 under the coalition, the highest level since records began.

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In opposition, the Conservatives rightly drew attention to Labour's failure to reduce the number of "Neets", young people not in education, employment or training. But in government, they have failed to improve on this performance. On the contrary, they have made a bad situation worse.

Since it came to power, the coalition has scrapped the Future Jobs Fund (described by Frank Field, the government's poverty adviser, as "one of the most precious things the last government was involved in"), abolished the Education Maintenance Allowance (EMA) and announced that it will offer 10,000 fewer university places next year. All of these measures are likely to make the jobs crisis worse.

George Eaton is political editor of the New Statesman.

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Italian PM Matteo Renzi resigns after referendum No vote

Europe's right-wing populists cheered the result. 

Italy's centrist Prime Minister Matteo Renzi was forced to resign late on Sunday after he lost a referendum on constitutional change.

With most ballots counted, 60 per cent of Italians voted No to change, according to the BBC. The turn out was nearly 70 per cent. 

Voters were asked whether they backed a reform to Italy's complex political system, but right-wing populists have interpreted the referendum as a wider poll on the direction of the country.

Before the result, former Ukip leader Nigel Farage tweeted: "Hope the exit polls in Italy are right. This vote looks to me to be more about the Euro than constitutional change."

The leader of France's far-right Front National, Marine Le Pen, tweeted "bravo" to her Eurosceptic "friend" Matteo Salvini, a politician who campaigned for the No vote. She described the referendum result as a "thirst for liberty". 

In his resignation speech, Renzi told reporters he took responsibility for the outcome and added "good luck to us all". 

Since gaining office in 2014, Renzi has been a reformist politician. He introduced same-sex civil unions, made employment laws more flexible and abolished small taxes, and was known by some as "Europe's last Blairite".

However, his proposed constitutional reforms divided opinion even among liberals, because of the way they removed certain checks and balances and handed increased power to the government.

 

Julia Rampen is the editor of The Staggers, The New Statesman's online rolling politics blog. She was previously deputy editor at Mirror Money Online and has worked as a financial journalist for several trade magazines.