INTRODUCING THE HUSTLELINE
We started our Mentoring Hotline at the height of the pandemic when youth unemployment was at its highest point for over a decade. Numbers have since improved and we are now at pre pandemic levels, however that doesn't mean the job is done.
The UK still has a youth unemployment rate almost double that of Germany’s, 26% higher than the US and 17% higher than the G7 average and London had nearly 70% more claimants for unemployment benefits in October 2021 vs February 2020.
It's also revealing that while less young people are unemployed the number of young people in employment remains below pre-pandemic levels and the number who are economically inactive remains above those levels too.
What does that tell us? Lots of young people have returned to education but we also know from our own experience that a lot are simply doing their own thing. Whether it's side hustles becoming main hustles, booming Depop accounts or just picking up unpaid experience where they can, young people are out there grafting. They might not have formed limited companies yet but there hasn't been a better time to start your own business and there isn't a generation more motivated than Gen-Z right now.
It’s for that reason we’ve created an offshoot to the Hotline called The HustleLine. We’re extending our offer of mentoring to anyone young and starting their own biz. We’ve got an amazing network of entrepreneurial mentors that can help young people in the earliest stages of building their businesses and we’ll match them up to mentees and get one on one sessions in the diary.
So if you or anyone you know is young and starting their own business then send them to the HustleLine:
✍️ TO SIGN UP TO THE WHATSAPP GROUP WHERE WE SHARE THE LATEST OPPORTUNITIES, RESOURCES AND BUSINESS TIPS SIGN UP HERE.
The Freestar Team