Why have the young been left out of the employment rise?

A puzzle.

Some interesting symmetry in the unemployment figures today: overall unemployment dropped by 7,000 over the last quarter, but youth unemployment - the number of people out of work aged 16 to 25 - rose by exactly the same amount.

The puzzle of unemployment falling at all in a recession is often explained by the rise of part-time workers - doing the kind of "jobs" which shift them into the employed category, but provide them with little else in terms of security, predictable hours, or sufficient pay.

But if this is true, it disqualifies some of the main explainers for youth unemployment - that risk-averse employees refuse to budge from existing jobs, and that cash-strapped companies are unable to hire. If fluid shift-work with fast turn-overs and unpredicable hours is the reason for the unemployment drop, you would expect the young to be hired at an equal, if not higher level to the less time-flexible old.

It remains a mystery - and according to a report released last week by the International Labour Organisation, the the number of young people out of work will continue rising over the next five years, predicted to reach almost 13 per cent by 2017, with faltering expectations that some of them will ever make it into the job market.

More young people out of work. Photograph, Getty Images.

Martha Gill writes the weekly Irrational Animals column. You can follow her on Twitter here: @Martha_Gill.

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Is anyone prepared to solve the NHS funding crisis?

As long as the political taboo on raising taxes endures, the service will be in financial peril. 

It has long been clear that the NHS is in financial ill-health. But today's figures, conveniently delayed until after the Conservative conference, are still stunningly bad. The service ran a deficit of £930m between April and June (greater than the £820m recorded for the whole of the 2014/15 financial year) and is on course for a shortfall of at least £2bn this year - its worst position for a generation. 

Though often described as having been shielded from austerity, owing to its ring-fenced budget, the NHS is enduring the toughest spending settlement in its history. Since 1950, health spending has grown at an average annual rate of 4 per cent, but over the last parliament it rose by just 0.5 per cent. An ageing population, rising treatment costs and the social care crisis all mean that the NHS has to run merely to stand still. The Tories have pledged to provide £10bn more for the service but this still leaves £20bn of efficiency savings required. 

Speculation is now turning to whether George Osborne will provide an emergency injection of funds in the Autumn Statement on 25 November. But the long-term question is whether anyone is prepared to offer a sustainable solution to the crisis. Health experts argue that only a rise in general taxation (income tax, VAT, national insurance), patient charges or a hypothecated "health tax" will secure the future of a universal, high-quality service. But the political taboo against increasing taxes on all but the richest means no politician has ventured into this territory. Shadow health secretary Heidi Alexander has today called for the government to "find money urgently to get through the coming winter months". But the bigger question is whether, under Jeremy Corbyn, Labour is prepared to go beyond sticking-plaster solutions. 

George Eaton is political editor of the New Statesman.