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  • 5 months ago
Research suggests younger workers are experiencing stronger early career earnings than millennials did at the same age. Economists say rising costs and weaker growth could still threaten future progress.

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00:00New research suggests that some younger workers are seeing stronger pay growth than the generation
00:06before them. A study by the Resolution Foundation indicates people in their early twenties from
00:13Generation Z are earning more in real terms than Millennials did at the same age. The biggest gains
00:19were seen amongst lower paid workers, helped by increases to the minimum wage. Researchers say
00:25it marks a modest improvement after years of weak wage growth, but they also warn that
00:31the picture could change if rising prices and slower economic growth put fresh pressure on
00:36household finances and future earnings prospects for many young adults across different communities
00:42here in the UK.

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