Young staff bear the brunt of wage and tax hikes, latest data reveals
Briefly

Britain's youngest workers are contending with a challenging employment landscape, largely because businesses are responding to increasing employment taxes and an upcoming rise in the minimum wage by reducing hiring efforts. Recent data reveals a 1.8 percent decline in youth employment among 16-24-year-olds, coinciding with rising costs for employers. With concerns about the rising rate of youth not in education, employment, or training (Neets) at an 11-year high, the government has introduced a "youth guarantee" to assist this demographic. However, experts worry about the long-term implications for their career development.
Britain's youngest workers are facing a tougher jobs landscape as businesses react to higher employment taxes and a looming rise in the minimum wage by cutting back on hiring.
With younger men more likely than women to fall into this category, concerns are growing that this demographic could miss out on the early-career experiences that typically set them on a stable professional path.
Read at Business Matters
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