If you’re taking the first steps in your career right now, you’re doing so in the face of a high cost of living and an increasingly inaccessible housing market. You may well be facing the reality that you will be worse off than your parents’ generation.
The UK’s youth (15-24) unemployment rate fell from almost 15% in September 2020 to 9% in August 2022, but is now rising again reaching 12.7% in July this year. This is higher than the average for developed economies and much higher than the likes of Germany and Japan.
