Debt charity StepChange has found that a third of adults under 25 put their debt problems down to unemployment. There are now more than one million in that age group not in employment, education or training. Seventeen per cent of those aged 16 to 24 years have no job or are not in college.
The charity comments that its findings reflect “...the acutely vulnerable economic position that many young people now find themselves in and is likely to overshadow the lives of a significant proportion of young people for many years to come.” ■