'Stark contrast' | Work & money worries affecting young women more than male co-workers

New research from the charity Young Women’s Trust has shown how money and work worries are blighting young women’s lives with 42% saying that their financial situation has got worse over the last 12 months, compared to 27% of young men.

As the cost of living crisis continues, 36% of young women aged 18-30 have taken on new or additional debt in the last 12 months, compared to 28% of young men. Almost 3 in 10 (29%) young women also said that they are in debt ‘all the time’.

Furthermore, over half (55%) of young women are ‘filled with dread’ when they think about their household finances, compared to 43% of young men, and 10% have had to use a food bank for the very first time in the last 12 months.

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At work, young women are feeling stuck and far less supported than young men to pursue their ambitions and get where they want to be: