Young People Challenged by Increasing Financial Pressure

Young People Challenged by Increasing Financial Pressure

“At the end of September 2019, there were 5.5 million people aged 18 to 24. Of these, 1.9 million were in full-time education and 3.4 million were in employment. With a minimum wage rate of £4.35 an hour for Under 18s (or £3.90 for apprentices), increasing to £8.21 rate for over 25s, median weekly pay for 16-17-year olds working full-time in April 2019 was £201.20, £350 for 18-21-year olds, and £494.60 for 22-29-year olds.

Across the UK, the median weekly pay for total employees of all ages working full-time was £585. Further issues can be seen in disparities between male and female pay, with the female median pay around £14 per week less than the male median for those aged 18-21, while for 22-29s, female pay was around £32 per week less.”  Read more  

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