Employees under the age of 30 have suffered a real-terms
drop in weekly wages of around 10% under the coalition, according to an
analysis released by Labour. Earnings for 18-to 21-year-olds have dropped by
10.3% since 2010, while 22-to 29-year-olds saw their weekly income fall by
9.4%, research by the House of Commons library shows. Chris Leslie, the shadow
chief secretary to the Treasury, said young workers are bearing an increasingly
heavy burden as a result of coalition measures and neglecting them would put
Britain's future prosperity in peril. A Labour government would set up a panel
to assess the impact of its policies on the under-35s, often described as
"generation rent" because they struggle to get on the housing ladder.
Read more on the Guardian website.
