Why young people in Britain aren’t moving job
It’s damaging them, and maybe productivity too
OLDER PEOPLE tend to regard 20-somethings as avocado-toast munching types who flit from job to job. The reality is very different. Job mobility among the young has declined over the past decade.
Even though unemployment is hitting multi-decade lows and the job market continues to tighten—labour-market data published this week showed strong growth and the employment rate at a record high—younger workers remain more wedded to their current jobs than they were before the recession (see chart). There is a similar trend in other rich countries, but it is particularly pronounced in Britain. According to Neil Carberry, chief executive of the Recruitment & Employment Confederation, a recruiters’ trade body, the commonest complaint among his members is of a shortage of candidates.
This article appeared in the Britain section of the print edition under the headline "Sticky millennials"
Britain January 25th 2020
- Recreating ARPA, the most successful research agency in history
- The remarkable similarities between Queen Elizabeth and Alex Ferguson
- EU citizens’ rights after Brexit
- Why second-generation migrants in Britain report more discrimination
- Why young people in Britain aren’t moving job
- Alex Salmond’s trial will coincide with a reassessment of the SNP’s record
- Brexit and the politics of somewhere
More from Britain
Why so many Britons have taken to stand-up paddleboarding
It combines fitness, wellness and smugness
Why Britain’s membership of the ECHR has become a political issue
And why leaving would be a mistake
The ECtHR’s Swiss climate ruling: overreach or appropriate?
A ruling on behalf of pensioners does not mean the court has gone rogue