Is a higher minimum wage costing young people their jobs? 💸

With youth unemployment at 13.7%, the Bank of England is warning that a 46% wage surge for 18-20 year olds may be pricing them out of the market. As the "experience discount" disappears and National Insurance costs rise, the UK labour market is hitting a wall. Check the link in bio for the full breakdown at City AM 🔗 #Economy #UKNews #Employment #Business #Shorts #Money