Prince Charles: young jobless should start their own businesses

[X Factor 1,112]

Prince Charles: young jobless should start their own businesses

Prince Charles has spoken out about high youth unemployment, suggesting the best way out was self-employment.

The Prince of Wales said it was "more important than ever" to encourage young people to become entrepreneurs.

Launching the latest campaign of his youth charity, The Prince's Trust, he said businesses should also do more to help reduce the number of young people out of work.

Small firms are the "bedrock" of any economy, he said, and setting up a company was a way to avoid unemployment at a time of job cuts.

More than a million people aged 16 to 24 do not have a job, though the national figure has fallen to its lowest level for almost a year.

Writing in The Times, Prince Charles said: "By equipping unemployed young people with the skills, confidence and motivation to move into jobs or self-employment, we can all share in the rewards of economic growth.”

He said self-employment was "an increasingly important route out of joblessness."

A YouGov poll for the charity found, two thirds of young people believe it is harder than ever to find a job. One in five said they were not looking forward to the future.

This week, the TUC warned young people faced the toughest outlook since 1994.

The union said one in five people between 16 and 24 years old were out of work and worried about the impact of unemployment on their future.

Martina Milburn, the chief executive of The Prince’s Trust, said: “It remains a difficult time for the young unemployed and the longer they are out of work the more likely they are to sink into a spiral of disappointment and depression.

“Setting up in business can be an escape route out of the dole queue for these young people — and a route to success.”

http://www.telegraph.co.uk/news/uknews/prince-charles/9484301/Prince-Charles-young-jobless-should-start-their-own-businesses.html

[X Factor 1,112]

All very well and good, but can Charles be a bit more specific and suggest exactly what line of business they should be self employed at?

[Darnell 8,479]

if the Prince's Trust is handling the loan guarantees for the startups, then it's a win all around.

[Gary and Alla 3,694]

When Pasha was 13 and "unemployed" because he was unable to work because of his age, I worked with him and started a business with him for him to do and him to earn money. He jumped all over it and has not been unemployed since (he currently has a "regular" job but stayed with the business for 2 years) saved his money and now has more moeny than the rest of us combined..or so it would seem. He filled out a tax return his first year here and was proud to do it.

Basically standing up from one's #### and doing something is a good thing

[Gary and Alla 3,694]

All very well and good, but can Charles be a bit more specific and suggest exactly what line of business they should be self employed at?

Why would the government need to do that? Look around and figure it out. What is in demand? What is a marketable service or product in your area, what of those services or products can you provide? If mowing lawns will earn you the money to buy tools to be an auto mechanic, ####### do you need a loan for? A lawn mower? Then borrow money from Mom or Dad. Then after you become an auto mechanic use the money to pay for college so you can become...

[X Factor 1,112]

If a million youth heed his advice, many of them will not succeed on their first or second attempt; encouraging youth entrepreneurs goes hand in hand with skills programs, apprentices, mentoring programs etc.

[Fandango 1,440]

When Pasha was 13 and "unemployed" because he was unable to work because of his age, I worked with him and started a business with him for him to do and him to earn money. He jumped all over it and has not been unemployed since (he currently has a "regular" job but stayed with the business for 2 years) saved his money and now has more moeny than the rest of us combined..or so it would seem. He filled out a tax return his first year here and was proud to do it.

Basically standing up from one's #### and doing something is a good thing

Of course he did.

Pashajacking™

[Trumplestiltskin 5,791]

Why would the government need to do that? Look around and figure it out. What is in demand? What is a marketable service or product in your area, what of those services or products can you provide? If mowing lawns will earn you the money to buy tools to be an auto mechanic, ####### do you need a loan for? A lawn mower? Then borrow money from Mom or Dad. Then after you become an auto mechanic use the money to pay for college so you can become...

Neither Prince Charles nor The Prince's Trust are 'the government'.

It's a charity that works with disadvantaged kids...