Youth Unemployment Reaches 11-Year High Amid Labour Tax Increases

Youth unemployment in the UK has reached its highest level since January 2015, hitting 16.2%, as businesses cite increased costs from Labour's tax policies and minimum wage hikes for reduced hiring of young workers.

By Chris Price Tue, May 19, 2026 at 3:53 PM GMT+3 22 min read · Yahoo Finance ·

Youth Unemployment Reaches 11-Year High Amid Labour Tax Increases

Topics: inflation labor market minimum wage National Insurance contributions youth unemployment

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