UK youth unemployment has risen at the fastest pace in the G7, according to accounting firm PwC. It’s now at 15.3%, up from 11% three years ago…
Britain is now to 27th out of 38 OECD countries in PwC’s Youth Employment Index – the UK’s worst ranking since records began in 2006. The British Chambers of Commerce is now forecasting that the overall unemployment rate will climb to 5.1% next year as the economy is “stuck in low gear”…
Employing 18-21 year-olds now costs businesses an extra £4,000 since the election thanks to the double whammy of last year’s NICs hike alongside back-to-back rises in the minimum wage. The ‘progressive’ position is now to price young people out of the jobs market entirely…

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