Labour urged to rethink scrapping minimum wage youth rates amid ‘Neets’ rise
NegativeFinancial Markets

The Labour Party is facing pressure to reconsider its plan to eliminate youth minimum wage rates as the number of young people aged 16 to 24 who are not in education, employment, or training (Neet) continues to rise. The Resolution Foundation has raised concerns that without these rates, young individuals may be priced out of entry-level jobs, exacerbating the challenges they face in entering the workforce. This situation is critical as it highlights the need for policies that support youth employment and ensure that young people have access to opportunities that can help them build their futures.
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