THE level of youth unemployment in Warrington is a “stark reminder” of the importance of teaching financial education in schools, according to a new warning from national charity pfeg (Personal Finance Education Group).
A total of 4,905 young people aged 16 to 24 in the Warrington area claimed Jobseeker’s Allowance in October, according to official figures from the Department for Work and Pensions.
The education charity, which offers free resources and support to schools in Warrington and across the country, is campaigning for financial education to be included in the national curriculum and taught in every school in the UK.
It says that financial education lessons can help equip young people to manage their personal finances as they search for work, and help prevent Warrington’s young unemployed falling into problem debt.
Tracey Bleakley, pfeg chief executive, said: “School-leavers are entering adult life in extremely difficult economic times. Too many young people in Warrington are still struggling to find work – and the truth is that in many cases we are making their problems worse by allowing them to leave school without the skills they need to manage their money well.
“Budgeting what money you have, understanding how benefits work and avoiding falling into unmanageable debt are just some of the financial skills that are absolutely essential when searching for your first job. This is especially important with the forthcoming changes to the benefit system and introduction of Universal Credit.
“Financial education makes a real difference to young people’s lives. We need to give every young person the skills they need to survive and thrive in our economy – and our free resources and support can help teachers in Warrington make this a reality for their pupils.”
More information on the free resources and support available to teachers and schools in Warrington is available from www.pfeg.org
THE level of youth unemployment in Warrington is a “stark reminder” of
the importance of teaching financial education in schools, according to a
new warning from national charity pfeg (Personal Finance Education
Group).
Stark warning for young jobseekers
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Gary Skentelbery
Experienced journalist for more than 40 years. Managing Director of magazine publishing group with three in-house titles and on-line daily newspaper for Warrington. Experienced writer, photographer, PR consultant and media expert having written for local, regional and national newspapers. Specialties: PR, media, social networking, photographer, networking, advertising, sales, media crisis management. Chair of Warrington Healthwatch Director Warrington Chamber of Commerce Patron Tim Parry Johnathan Ball Foundation for Peace. Trustee Warrington Disability Partnership. Former Chairman of Warrington Town FC.
