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Britain’s Boomers Cling to Jobs as Young People Get Locked Out

Source: Bloomberg

Economic DataConsumer Demand & Retail

Britain’s ratio of young workers to employed people aged over 65 has fallen from as many as 10-to-1 in the early 2000s to just 2-to-1 today. The shift reflects older employees remaining in work longer while younger people face greater difficulty securing first jobs, signaling worsening entry-level labor-market conditions.

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