UK youth unemployment hits 16.1 percent. A record 331,000 men are working two full-time jobs in the US.

*Walter Bloomberg
@DeItaone
UK YOUTH UNEMPLOYMENT HITS CRISIS LEVELS

Youth unemployment in the United Kingdom has soared to 16.1%, surpassing the EU average for the first time, data shows—the highest for 16-24 year olds since 2014. Almost a million young people are not in education, employment, or training.

Economists blame Labour Party policies, including steep minimum wage hikes, higher payroll taxes, and stricter employment laws, which have deterred employers from hiring young staff. Sharp rises in the 18-20 age bracket (up 8.5% to £10.85/hour) far outpace inflation, while AI threatens entry-level roles.

Analysts warn of a “lost generation,” with youth employment dropping sharply while older workers see gains. The government highlights apprenticeship schemes, tax breaks, and a £1.5 billion Youth Guarantee program, but critics say policy missteps are worsening the crisis.

Global Markets Investor
@GlobalMktObserv
⚠️This is INSANE:

A record 331,000 men are working two full-time jobs in the US.

This is DOUBLE the average number seen in the 2011-2016 period.

By comparison, the Great Financial Crisis peak was 253,000.

Including women, 476,000 Americans are working two full-time jobs simultaneously, an ALL-TIME HIGH.

The total number of multiple job holders is up to 8.77 million, near the highest on record.

Americans are being forced to work more than ever just to make ends meet.

Leave a Comment


This site uses Akismet to reduce spam. Learn how your comment data is processed.