Feb 15 2026FINANCE
Rising Minimum Wage Sparks Job Crunch for Young Workers
The Bank of England’s policy adviser, Catherine Mann, warned that a steep climb in Britain’s minimum wage for younger employees has pushed up joblessness among 18‑to‑24‑year‑olds. Recent data show this group’s unemployment rate hit 13. 7% in the last quarter of 2023, a jump from 10. 2% three years e
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