Only Half of Britain’s Young People Have Paid Work, IFS Says

Just half of UK 16- to 24-year-olds were in payrolled work at the end of last year, highlighting a deepening youth jobless crisis. The report from the Institute for Fiscal Studies points to materially weak labor-market conditions for young workers, but the article is primarily macroeconomic and unlikely to move markets directly.

Analysis

Just half of UK 16- to 24-year-olds were in payrolled work at the end of last year, highlighting a deepening youth jobless crisis. The report from the Institute for Fiscal Studies points to materially weak labor-market conditions for young workers, but the article is primarily macroeconomic and unlikely to move markets directly.