The rise of worklessness among the youth, coupled with trailing productivity promises to be among the biggest challenges facing the U.K. workforce.
The recent decline in potential output per worker in the UK is unprecedented since the late 19th century. The UK's economic performance over the past two decades is hard to describe as anything other than a policy failure.
The UK's GDP is 6.1% short of its trajectory before the pandemic, lagging behind the Eurozone.
The "missing workers" aged between 16 and 24 have been on the rise amid worsening youth health and a tight job market.
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