Young People Hit Hardest by UK Low-Gear Economy

RecentNews.uk

Bank of England warns young people face a 'low-gear economy' with hiring freezes.

Youth unemployment has climbed to its highest rate outside the pandemic since 2015.

Retail and hospitality sectors are hardest hit, shutting out first-time jobseekers.

Threadneedle Street has signalled a 'live' decision on another interest rate rise in December.

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