"Unemployment has a knock-on effect on a young person's self-esteem, their emotional stability and overall wellbeing. The longer the period a young person is unemployed for, the more likely they are to experience this psychological scarring." (Professor David Blanchflower )
For a very few people the recession is already over - especially if you've just received a large bonus! For most of us, it will last a few years. But for some young people, the effect will last a life time. Read this Princes Trust article... http://www.princes-trust.org.uk/news/100104_youth_index_2010.aspx
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