Extract from Lords debate on Intergenerational Fairness in Government Policy - Oct 26
Friday, 27 October 2017 07:47
Lord Storey (LD):...Many of today’s millennials, even some of those
with a good degree, will be working as a barista in a coffee chain
for not much more than the minimum wage. Others will be working in
the so-called Gig economy, with a portfolio of employers who
may or may not ring them up and offer them a few hours’ work. I was
talking yesterday to a young graduate who had moved to London to
take up a job. About 52% of her salary went on rent and utility
bills, making a trip to a...Request free
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(LD):...Many of today’s
millennials, even some of those with a good degree, will be working
as a barista in a coffee chain for not much more than the minimum
wage. Others will be working in the so-called Gig economy, with a portfolio of employers who
may or may not ring them up and offer them a few hours’ work. I was
talking yesterday to a young graduate who had moved to London to
take up a job. About 52% of her salary went on rent and utility
bills, making a trip to a coffee chain something that required more
than a little thought. Those young people who, for whatever reason,
do not go into higher education may well be doing an apprenticeship
for £3.50 an hour, or earning less than £6 an hour if they are
employed in a full-time job...
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