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    Der britische Mindestlohn erhöht die Jugendarbeitslosigkeit, sagt Mann von der Bank of England


    Der britische Mindestlohn erhöht die Jugendarbeitslosigkeit, sagt Mann von der Bank of England

    https://www.reuters.com/business/world-at-work/uk-minimum-wage-is-raising-youth-unemployment-bank-englands-mann-says-2026-02-15/

    Von stammerton

    View 32 Comments

    32 Kommentare

    1. boringfantasy on

      So the other option is lower the wage so they can’t survive but are still employed?

    2. Dedsnotdead on

      From the article

      “Britain’s minimum wage rate for 21-22 year-old workers has risen by 33% over the past three years to bring it in line with the 12.71 pounds ($17.35) hourly National Living Wage paid to older workers, while the rate for workers aged 18-20 has risen 46% to 10 pounds an hour.”.

      Is it the case over the last three years that Companies that traditionally employ workers between the ages of 21-22 are now employing older workers?

    3. According-Secret9516 on

      So she is going to be on plus 150k a year I’d imagine.

      Bare faced cheek.

    4. ShufflingToGlory on

      Insane that anyone working isn’t entitled to the full minimum wage.

    5. pajamakitten on

      So companies think young people are not worth the current minimum wage? Is that it? Unless AI replaces everyone, companies will need young people eventually and have to hire them, only companies will turn complain the young people they are not hiring now have no experience in the future. Young people today will never catch a break.

    6. Overseerer-Vault-101 on

      Well yeah. More people are fighting for shite jobs atm, would you employe the 19yo or the 30yo if costs are the same? Let’s not forget that these „youth“ (term used to remove their adulthood) still have rent, transport and other bills to pay that aren’t any cheaper just because they are „youth“.

    7. xParesh on

      Its not really rocket science is it?

      We now have one of the worlds highest minimum wages at the same time as some of the world’s highest energy prices at the same time that we have the highest taxes we’ve ever had so people are less inclined to spend in sectors like hospitality.

      My first ever job was working a few hours in a pub earning minimum wage. I lived at home so it was just pocket money but it gave some some working skills and meant I didn’t have to rely so much on student loans. It’s very sad to see young people wont be able to earn money and learn working skills like I did.

      If it becomes more expensive to hire staff and your staffing budget doesn’t increase naturally you’re going to hire fewer people.

      Young people have always been shafted by all governments.

    9. CrabbyGremlin on

      If young people who are over 18 earn lessx, they should be paying less for rent, bills, cars etc. the rest of the world isn’t cheaper for them, and a lot of the jobs they’re doing aren’t exactly highly skilled requiring their employers to sacrifice effort training them. Why should a 19 year old shelf stacker get less than a 25 year old shelf stacker?

    11. davinist on

      It’s unimaginable that people of any age be paid enough to afford a decent life, how dare they expect to live reasonably well in 2026, some thousands of years after capitalism was first introduced. Low people should be paid low wages and have to struggle, and that’s that.

    12. Vivid-Fondant6513 on

      PoS boomer wants young people to work for less, this and other unsurprising facts at 9!

    13. Burt_Macklin___ on

      These out of touch 4ich morons have no idea what it takes to survive in this economy. Hence why they say dumb shit like this.

      Are rent and bills magically cheaper for under 21s? No, well shut the fuck up then

    14. Front-Brick-3724 on

      I mean , the companies making billions in profit could, you know, pay people more than the minimum wage.

      But hey, that’s far too sensible

    15. Background_Union_200 on

      Raising minimum wage just raises prices and inflation, soon as businesses costs go up what are they gonna do? Swallow price rises? National insurance also went up last year. It’s getting really expensive – especially for smaller businesses to keep staff. Anyone with a business know this. This was always going to happen

    16. Gone_4_Tea on

      At the same time it is trying to stop children from falling into abject poverty so clearly our economic model is a failing game, how about we see some new ideas.

    17. luckystar2591 on

      The problem isn’t the minimum wage. It’s the next few tiers that have now been caught up by it.
      Min wage has been going up at a steady rate and ceos are bitching about it, but companies are flatly refusing to raise the rest in line, so it is making it pointless to advance.
      These are not unskilled positions. We’re talking roles that require experience, a degree or involve managing people now paying just above min wage.

      Youth are not stupid. They are seeing this, and thinking what’s the point in trying.

    18. rainribs on

      I have a question for anyone who knows about the economy; if raising minium wage helps stimulate the economy (as I’d generally expect it to) how long would that take? or is the gain too lost in the shuffle of everything else?

      From my personal experience, shop and restaurant managers complain to me much more about renting the property thier businesses exist on than having to pay employees. They also talk about not getting as much business as they used to because people are far more stingy with thier money.

    19. madmossy on

      The issue is that wages have no kept up at all with the cost of a home, not living costs, like bills and food etc, that’s an entirely different matter, I mean rent and a mortgage, long gone are the days where a single income household could afford the necessities. Now you can work full time (35 hours) on NMW and barely cover the rent and basic bills, let alone actually be able to afford a life.

      Now factor in the benefits system and the issues are even worse. As any incentive for actually working more goes out the window. Social housing is a joke, the entire social housing benefit system barely covers the cost of even a total shit hole no wonder people are desperate.

    20. Ambersfruityhobbies on

      *The property market, slow growth and lack of investment is raising youth unemployment

    21. ImpossibleProfit7518 on

      complete and utter bullshit. every word they say is a lie. the system is failing.

    22. Metal-Lifer on

      Raising minimum wage shows how bad our wages are as non entry level jobs look really bad against it

      Some corps would rather have slave labour I think

    23. LonelyStranger8467 on

      So many people here are responding with pure emotion. They feel it’s nice and the moral thing to increase minimum wage. The consequences are irrelevant as it doesn’t get past the emotion stage.

    24. Bodster88 on

      The current minimum wage is destroying meritocracy in the workplace.

      It has stifled wage development in middle income roles where more advanced mental and physical attributes are required and is destroying aspiration and ambition.

      Without doxxing myself, I was in a role 13 years ago that paid £40k/year. I still see similar roles being advertised for £40-50k/year now. It’s a very demanding role that often means work extra hours and taking work home with you, both physically and mentally.

      Meanwhile, you can stack shelves aimlessly at Tesco for nearly £25k/year. FWIW I am not slating the role, every job needs doing – but there shouldn’t be a mere £15k/year delta between this and more advanced roles.

      I’m not sure how I can convince my children to do well at school now when the pay-off is no longer certain.

      No doubt i’ll take a lot of downvotes for this and/or get responses to say “well they should put more advanced role wages up then”, but it’s missing the point. If you have a finite amount of budget for wages, all NMW is doing is mopping up the budget for basic roles.

    25. InsideBoris on

      Lmao hello basic economics. As much as people don’t want to admit it some jobs arent worth the rate charged by min wage and thus won’t get fillled

    26. Irondanzilla on

      Saying this as a small business owner.

      The problem is the first couple of years employment. Minimum wage is around £23k plus NI at 15%, there an allowance against this, but still a trainee can cost around £24k.

      The young starter doesn’t walk into the job magically knowing what to do, it takes experience and training. So I have to pay another person to hold the hand of the trainee, also I have to pay for the time that they go to college, say a day a week. Once you scale all this up, maybe costs £30k a year for someone that is just a cost for a couple of years and that’s if they manage to become competent, that’s 50:50.

      I can’t tell my customers that I have to put up prices as we are training, in fact they want to pay less. We will meet in the middle with wages going up and income coming down.

      So commercially, it is now better to take on someone with a decade or two of experience and just pay more as there are too many uncertainties with the kids.

      Small business will shy away from the youngsters as it’s just too expensive to train them. They will either be unemployed or work in the big companies as a number.

    28. Background-Gas8109 on

      If you can’t afford to pay your employees a living wage then you don’t have a viable business

    29. South_Buy_3175 on

      If all wages actually started fucking rising we might not have a problem.

      Instead we’re seeing wage compression across various industries, why do something that requires years of work and higher stress when you can go work at a far less stressful job for a similar amount?

    32. BignickdiggerXL on

      Unemployment may go down a tiny bit here and there but long term trend os only going to go up and up

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