What can one say, except it’s only going to get worse?
It will until an alternative is adopted.
That alternative is possible. None of this unemployment is necessary. And those young people need not have blighted hopes. That’s what’s so depressing about all this.
He\’s absolutely right you know, this needn\’t happen.
Us bastard capitalist neoliberal pig dogs said that the effect of a minimum wage would be to push the lowest skilled people out of the employed, into the unemployed, part of the labour force.
We now have that minimum wage and in our first proper recession since we have had, we\’ve got 20% unemployment among the least skilled, the young, as opposed to 8% more generally.
We said this would happen and lo and behold, it has come to pass.
The solution is therefore obvious: abolish the minimum wage.