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UK Youth Unemployment to Hit 17.8% by Mid-2027 as AI Replaces Entry-Level Jobs

AI Industry News

2026-06-02 14:21:55

According to the British Chambers of Commerce (BCC), youth unemployment in the UK is forecast to reach 17.8% by mid-2027, up from 16.9% currently, with AI adoption cited as a key driver. The BCC predicts that nearly one-fifth of young workers will be replaced by AI tools previously handling entry-level positions, compounded by higher payroll taxes and minimum wage increases locking youth out of jobs. The organization warns the UK risks a "lost generation" without urgent policy intervention to reduce costs on businesses and strengthen the skills pipeline.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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