The crunch generation Jobs Fair Background

The crunch generation | Education | The Guardian
A generation of young people - Generation Crunch, perhaps - is experiencing unemployment for the first time, a sinking, scarring sensation that completely escaped the generation above them. David Blanchflower, the influential economist and member of the Bank of England's monetary policy committee who predicted the recession, believes that 3 million people will be out of work by the end of this year. Of these, more than 1 million are likely to be under 25.