Will Crypto Payroll Transform Youth Employment in the UK?
What is happening with UK youth employment?
The UK government has just stepped up its game in the battle against youth unemployment by expanding the Youth Guarantee program. This involves mandating paid jobs for those struggling to find work long-term. This was shared at a Labour Party conference and seems to be a response to the current tough economic conditions in the country. The Chancellor, Rachel Reeves, is keen on giving every young person a chance at a stable income and job opportunities, saying, “We will not allow a generation of young people to languish, without hope or prospects for the future.” The government is investing £45 million for the 2025/2026 period into this initiative.
