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unemployment

  • Burnham eyes youth minimum wage rethink as jobs crisis bites

    September 13, 2026

    Andy Burnham’s government is considering slowing planned minimum wage rises for young workers amid concerns that higher employment costs are making businesses more reluctant to hire them. Downing Street and the Treasury are examining whether the rapid increase in wages for under-21s has contributed to Britain’s youth jobs crisis, Bloomberg first reported, as ministers prepare [...]

  • Giving Neets jobs in hospitality would generate £2.3bn, Hilton claims

    September 9, 2026

    Hilton has urged the government to encourage unemployed young people into hospitality, claiming that filling all the industry’s vacancies would add £2.3bn to the economy.  The hotel group, in collaboration with trade body UK Hospitality (UKH), has urged Andy Burnham to lower taxes on hospitality firms to give them the breathing space to take a [...]

  • Tesco and Boots lead 100,000 jobs pledge to tackle Neets crisis

    September 8, 2026

    Tesco, Boots and dozens of other retailers have pledged to create 100,000 new jobs in a bid to tackle the youth unemployment crisis, which they say is trapping young people in a “doom loop”.  A group of top high street firms – which also includes Asda, John Lewis and Marks & Spencer – have joined [...]

  • Reed CEO: Graduate jobs crisis is getting worse

    September 2, 2026

    With graduate job postings continuing to plummet, youth unemployment should be treated as a national crisis, writes James Reed.

  • UK economy’s rebound fails to stem two years of mass job losses 

    August 21, 2026

    A rebound in the UK economy over August has failed to turn around the country’s flagging labour market after nearly two years of job losses, new estimates have shown.  Data tracked by S&P Global suggested the UK’s private sector grew at the fastest pace in four months in August despite concerns around business costs and [...]

  • Goldman: Junior white-collar workers squeezed hardest by AI hiring slump

    August 19, 2026

    Artificial intelligence is beginning to weigh most heavily on junior white-collar jobs, according to Goldman Sachs, as new research points to a growing divide between workers entering industries such as consulting and advertising, and their more experienced colleagues. The Wall Street bank analysed employment across more than 800 occupations and found that AI-related hiring pressures [...]

  • Jobless Banquet: Youth unemployment surge ‘sends Neets to KFC’

    August 18, 2026

    A surge in youth unemployment has fuelled the rise of chicken shops across British high streets as young people not in work, education or training – known as Neets – have flocked to fast food, a consultancy has argued.  Analysts at Baringa, a consultancy with more than 2,000 employees, have drawn a link between the [...]

  • Public sector makes wage growth higher than expected

    August 18, 2026

    Wage growth was higher than expected as pay offers in the public sector far outweighed growth in the private sector, new data has revealed.  Official statistics have shown that wage growth, including bonuses, reached 4.1 per cent between April and June compared to a market forecast of four per cent. This was still lower than [...]

  • Bank of England holds interest rates but warns of rises to come

    July 30, 2026

    The Bank of England has opted to hold interest rates at 3.75 per cent after the UK economy surprised economists with better results for inflation – though policymakers warned that “policy strategy could change” ahead of a difficult second half of the year for price stability.  The Monetary Policy Committee (MPC) held interest rates in [...]

  • I’m a 21-year-old grad, why does the government want me to go on the dole to get a job?

    July 30, 2026

    Oliver Dean was turned away from Job Centre because he wasn’t already on benefit. No wonder the welfare bill is ballooning Andy Burnham’s answer to youth unemployment has arrived. It begins with 14-year-olds, and the new technical pathways reach classrooms in September 2028. There is a great deal to be said for it and, as [...]

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