'I've applied for more than 400 roles' - how young people are facing the job shortage

Breaking news from the markets: 'I've applied for more than 400 roles' - how young people are facing the job shortage10 minutes ago Share Save Add as preferred on GoogleSpearZaynah says she's applied for around 200 jobs in the last yearThe experts are talking about a "lost generation" as more than one million under-24-year-olds are left in limbo, without a job or a training course that should lead them to one. Three young people currently in that situation told us how they are dealing with the challenge. 'I didn't know how to talk to people'Since leaving college a year ago Zaynah, 24, says she has applied for more than 200 jobs and has never heard back from any of the employers.

The six-week charity scheme Spear is helping her build-up her confidence. I had my health condition, eczema, which kind of stopped me from doing what I loved, which was nail art. I knew I've always wanted to go into makeup.

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Right now I've just been applying to make-up roles and make-up jobs in retail. I never worked before... I wasn't very confident at all.

I was a very shy girl. Now I feel like a big difference from what I was, and now I can be more confident, I feel like I can hold conversations better now. Back then I couldn't, I didn't know what to speak about and I was very shy.

I think it's because of my lack of experience. I feel like in that way, it's restricting me and I'm not getting jobs. Some people our age don't know what they want to do, that's what is holding them back.

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'I was rejected for a cleaning job'Luke, 23, who studied product design at Central St Martin's University, has not found a job even after applying for more than 400 positions. The application process is quite vile. You apply, but then the wants to know the exact same information somewhere else in a different form.

What you end up having to do is actually go through it again and redo all of it from scratch. Any normal person coming out of a university degree would think: "Yes, I've got a degree. I am now open to all these starting, junior jobs".

You find out they haven't got the finances or AI has just replaced a whole load of jobs. The amount of rejections definitely make you depressed. I started Universal Credit in March last year.

Financial markets are tracking the development closely as investors assess the likely impact.