United Kingdom - Youngsters and the future labour market - May 31, 2018

 The Intergenerational Commission’s report A New Generational Contract is the result of a two-year study and provides a comprehensive and in-depth analysis of the intergenerational challenges the country faces, examining areas such as employment, housing and pensions. The report argues that there is a crisis of generational progress, far larger than millennial or the financial crisis, which is undermines the ‘intergenerational contract’ which assures quality of life through generations. The report’s findings include: in contrast to older generations, young adults are making no income progress and accumulating much less wealth, millennial families are half as likely to own their home by age 30 as baby boomers were by the same age, future pensioners are exposed to retirement income risks.

Read on: in English …   The report: in English …   

For more information, please contact the editor Jan Cremers or Sanne van der Gaag, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the Head of communications at the ETUI, Willy De Backer wdebacker@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.euYou may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.

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