Business
It really is different for young people: it’s harder to climb the jobs ladder – The Conversation AU
Young people’s prospects are worse than those of workers aged over 35, and worse than those of young people prior to 2008.
Our memories of the job market prior to COVID have become rosier: the last decade was a period of fairly low unemployment, even if wage growth was less than stellar.
But that perspective may not be shared by people under 35. For that age group, the past decade has been a period of intense competition for jobs, even before COVID, which will make things worse.
It is likely to have long-term effects, even were it not for the COVID crisis.
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