Youth unemployment figures are overstated, says CIPD

Today’s figures show that there are 1.04 million 18-24 year-olds who are unemployed - more than one-in-five of those in the workforce.

GENEVA — The global jobless queue will stretch to more than 200 million people this year, the International Labour Organization said in its annual report on Tuesday, repeating a warning it has made at the start of each of the last six years. The UN jobs watchdog estimates unemployment will rise by 5.1 million this year to more than 202 million, and by another 3 million in 2014, following a rise of 4.2 million in 2012.

By Delusional Economics, who is determined to cleanse the daily flow of vested interests propaganda to produce a balanced counterpoint. Cross posted from