Labour's Jobs Tax: A Setback for Young People
Businesses are struggling with the rising cost of employing staff under the current government, according to Greg Stafford MP.
The increase in employer National Insurance contributions, dubbed a "jobs tax", has led to local employers warning that it will result in fewer young people being hired.
- High-street pubs
- Family-run cafés
- Local healthcare
- Logistics
- Start-ups
Employers have stated that if it costs more to hire, they will be less likely to give young people their first chance at work.
If a shop owner in Haslemere faces the same cost to hire a 23 year old with five years' experience as an 18 year old fresh out of college, it's obvious which way the decision will fall.
As a result, small businesses have had to cut back on weekend shifts or stop taking on part-timers altogether, leading to fewer local opportunities for young people.
This has resulted in young people losing the confidence, income, and independence that come from work.
Author's summary: Labour's jobs tax hurts young people's job prospects.