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Evening Standard
Evening Standard
Business
Clara Margotin

Rising labour costs threaten job opportunities for young people, survey finds

Confederation of British Industry Federation of Small Businesses
Just 15% of the 682 firms polled between August and September said they were confident about hiring (Alamy/PA) -

Rising labour costs risk holding back job opportunities for young people as firms are pushed towards experienced hires, a survey has found.

Some 73% of firms which took part in a Confederation of British Industry (CBI) survey said employment costs were the highest threat to the UK labour market’s competitiveness.

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