Bloomberg pointed to rising youth unemployment in Britain

The UK youth unemployment rate for 16-24 year olds rose to 16% in October 2025, the highest level since 2015. This was reported by Bloomberg on December 16.

"The unemployment rate among youth aged 16 to 24 rose to 16% in the three months to October, reaching the highest level since the beginning of 2015," the publication says.

According to the agency, the total number of unemployed young people in the UK has reached an approximate 735,000. It is noted that this may be due to higher taxes for employers and an increase in the minimum wage.

According to Stephen Evans, executive director of the Institute for Training and Work, such data not only reflect the desire of the younger generation to look for work, but also the difficulties in the British labor market.

The article also emphasizes that since October 2024, when the Labor Party adopted the first budget since coming to power, enterprises have cut 187,000 jobs. As Yaeli Selfin, chief economist at KPMG International network of consulting firms in the UK, added, the sharp increase in youth unemployment suggests that young workers "bear the brunt of the slowdown in labor market activity."

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The Washington Post reported on November 17 that high rents and food prices have triggered an increase in child poverty rates in the UK. According to the newspaper, child poverty has reached its highest level since the beginning of 2002, despite the presence of at least one working parent in most poor families.

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