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Older workers forced to battle with new starters for junior roles as supply of good jobs dries up, Bank of England reveals
The Bank of England reports that older workers are competing with new starters for junior roles as the supply of good jobs declines. This trend highlights a tightening labor market where experienced workers face challenges securing entry-level positions typically targeted at younger candidates.
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Adjacent reporting
- Employers boosting entry-level hiring after years of decline, new study shows
- Young Americans’ job market optimism falls as older adults stay upbeat, new Gallup poll finds
- Why young people are struggling to find entry-level jobs
- Minimum wage rise has made it difficult for employers to hire young people, says Alan Milburn – UK politics live