Under 35s account for 90% employment growth

Matthew Barrand Blog

Employers should take advantage of annual tax-free allowance of £500 per employee for financial advice and guidance.

The latest Office for National Statistics (ONS) Labour Market figures have highlighted the growing need for employers to provide financial wellness and guidance advice to their staff.  According to the ONS, under 35’s accounted for 90% of employment growth in the last quarter, while 70% of employees under 34 require regular borrowing to meet their financial obligations.

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