Next chief executive Lord Wolfson says the number of entry-level job opportunities in the UK is falling, warning this is worsening prospects for young people. Speaking to the BBC, Wolfson says Next has seen weaker hiring conditions and rising costs associated with employing staff. He reports that two years ago the retailer typically received around 10 applications for each shop vacancy, but that figure has risen to 19, indicating that fewer roles are available relative to demand from applicants. The comments come amid broader scrutiny of youth unemployment policy, with reporting that a government review led by Sir John Milburn is expected to assess whether current measures have been effective. Other coverage highlights Wolfson’s view that government actions have made it more expensive to employ people in entry-level roles. Some reporting also points to the retailer’s use of automation, suggesting staffing needs may be influenced by changes in how stores operate. Overall, the outlets agree Wolfson is warning of a significant contraction in entry-level retail hiring and linking it to youth unemployment concerns.
Next boss warns of dramatic fall in UK entry-level retail jobs
Next chief executive Lord Wolfson says the number of entry-level job opportunities in the UK is falling, warning this is worsening prospects for young people. Speaking to the BBC, Wolfson says Next ha...
- Lord Wolfson, CEO of Next, warns of a “dramatic fall” in UK entry-level job opportunities.
- Next says applications per shop vacancy have risen from about 10 two years ago to 19 now.
- Wolfson links the change to higher employment costs and weaker hiring conditions for entry-level roles.
- The comments are made in the context of scrutiny of government efforts to tackle youth unemployment, including the Milburn report.
- Some reporting attributes part of the challenge to government policy and notes increased automation in retail operations.
Next CEO criticizes government policies for making it costlier to employ entry-level workers, while retail stores employ more automation.
3 months agoWolfson said the number of applications for jobs in his stores had almost doubled in a year, as more young people find it hard to get work.
3 months agoPeer’s comments come as Milburn report is likely to find government has failed to tackle youth unemploymentBusiness live – latest updatesThe boss of Next has sounded the alarm about a “dramatic fall” in the number of entry-level jobs in the UK and its impact on youth unemployment, saying the retailer now receives twice as many applicants for each role than two years ago.Lord Wolfson said the clothing and homeware chain, where he has been chief executive since 2001, typically received 10 applications for every job in its shops in 2024 but that number has now risen to 19. Continue reading...
3 months agoNext chief executive Lord Wolfson has warned of a “dramatic fall” in entry-level job opportunities across the UK, as a result of rising employment costs and weaker hiring conditions. Wolfson told the BBC that Next typically received around 10 applicants for every shop vacancy two years ago, but that figure has now climbed to 19....
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