Youth Unemployment - Not as high as we are told?

The Timetric team have posted a revealing blog about the true scale of youth unemployment in the UK labour market. High levels of unemployment among younger workers is undoubtedly a major economic and social problem - so too is persistently high jobless rates among other groups of the population including families, localities and regions where second and third generation unemployment is a deep-rooted cause of poverty. But it appears that the published data on youth unemployment may be misleading. “Around 3.4 million 18-24s are in work, 1.7 million are inactive (mostly in education, but not looking for work), and “just” 0.7 million are unemployed. These unemployed youths are important and deserve attention but are barely 1 per cent of the population.” More here