Patchwork Text Economic for Business Essay Example | Topics and Well Written Essays - 3500 words

Patchwork Text Economic for Business - Essay Example neration: how Britain has bankrupted its youth’ (Howker and Malik, 2010) and also on youth unemployment factors across the world along with their potential causes and solutions. The book, ‘Jilted Generation: how Britain has bankrupted its youth’ (Howker and Malik, 2010) focuses on the young generation of UK and the way political and economic climate has rendered them jilted. The poor economic condition of the youth leads to weak economic development in future, where they would be unable to pay off debts, receive healthcare and pension benefits. The authors of the book claim that the young generation of UK has received little benefits from the external environment to grow and prosper. This includes low training and development, late start of career, low educational growth and higher dependency on parents. If jobs are not available, then the young generation shall not be able to pay off debts or invest in house and property. Lack of earning also demotivates them to pursue higher qualification. Large sections of the youth take up smaller part-time jobs to support themselves. Since the youth cannot afford to buy houses by themselves, due to the high rental rates, they prefer living with their parents. Therefore, they remain to be in the shade and care of their parents, which causes them to develop lack of self-sustaining abilities. The dependency factor has also led them to be less serious about education and growth. However, the young generation does not compromise on receiving the basic education that would provide them with jobs; however, owing to lack of experience, they are ignored by companies. In order to eradicate the problem of youth employment, the U.K. government had taken measures such as, ‘Mandatory Work Activity’ and ‘The Young People Trailblazer’. Under such programs, the youth received training from reputed companies like, Tesco, Primark and several street store organizations and the selected good performers were offered jobs in the