Politics · United Kingdom · 5 hrs ago
Employing young workers costs more after tax and minimum wage increases
Hiring young workers in the UK has become more expensive after higher taxes and minimum wage increases.
Employers pay 31 per cent more for workers aged 18 to 20, according to the figures given.
The cost of employing someone aged 21 or over has risen by 20 per cent.
The increases are attributed to taxes and minimum wage rises, though no time period or comparison figures are provided.
The headline links the higher costs to a jobs slump, but the details do not give figures on job losses or hiring.
The figures point to a greater cost increase for younger workers than for those aged 21 and over.
Employing young workers has become more expensive after tax and minimum wage increases, This is Money reported.
The cost of taking on a worker aged 21 or over is up 20 per cent, the article said.
For workers aged 18 to 20, the cost has risen 31 per cent.
The article attributed the increases to higher taxes and sharp rises in the minimum wage.
- Who
- Employers hiring workers aged 18 and over.
- What
- The cost of employing workers has increased: 20 per cent for those aged 21 and over and 31 per cent for those aged 18 to 20.
- When
- The article was published on 3 November 2026; it does not state when the increases took effect.
- Where
- Not stated.
- Why
- The article attributes the higher costs to increased taxes and sharp increases in the minimum wage.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Publication date
- 3 November 2026
- Workers aged 21 and over
- Employing them costs 20 per cent more
- Workers aged 18 to 20
- Employing them costs 31 per cent more
- Reported causes
- Higher taxes and sharp minimum wage increases