Qualifications 'could be key' to insurance sales success

The labour market is unforgiving towards young people without A-levels or five good GCSEs, a new study warns.

Statistics from the Organisation for Economic Cooperation and Development (OECD) suggest that young people lack the skills necessary to excel in careers, such as insurance sales.

Glenda Quintini, author of the report, told the Guardian that the position of young British people has deteriorated in recent years, with a lack of skills emerging as a clear detriment in a challenging jobs market.

"There was an improvement up until 2004, but since then unemployment has risen and employment has fallen. The group that has been hit hardest are the unskilled," Ms Quintini said.

She called for Britain to do more to equip young people with the skills necessary to win jobs, in news that may be of interest to recruiters for insurance sales jobs industry.

The figures revealed that the unemployment rate for people aged 16 to 24 has increased by 13.4 per cent since 1997, reaching 14.4 per cent, which is one per cent higher than most OECD nations.

Figures from the Higher Education Statistics Agency recently revealed that the average graduate earns £20,000 in their first job.

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Filed: 09-07-2008