Share this article:

'Big crisis' | Next boss raises Employment Rights Act fears amid 'dramatic fall' in entry-level jobs

Hands typing on laptop keyboard

The boss of Next has warned of a “dramatic fall” in entry-level job opportunities, as youth unemployment reaches its highest level in more than a decade and businesses continue to raise concerns over employment costs and workplace reforms.

Speaking to the BBC, Lord Simon Wolfson, chief executive of the retailer, said the number of applicants for shop jobs at Next had nearly doubled in two years, reflecting growing pressure in the labour market for younger workers.

“Just two years ago,” Next would typically receive around 10 applicants per shop vacancy, he said, but that figure has since risen to 19.

“That doubling of applicants for shop jobs is indicative of just how big the crisis is in youth unemployment at the moment,” Lord Wolfson told the BBC.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

Sainsbury's launches work experience programme creating 10,000 opportunities
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News

'KickStarter' | Sainsbury's launches work experience programme creating 10,000 opportunities

'My ultimate HR advice' - from 100 CHROs & people leaders
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Column

Editor’s letter | 'My ultimate HR advice' - from 100 CHROs & people leaders

Why Lloyds Banking Group's CPO just announced a £100m investment in future skills
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature

More pathways | Why Lloyds Banking Group's CPO just announced a £100m investment in future skills

The AI-Enabled Workforce: Building Compliant, High-Performing Distributed Teams in the AI Era
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar

The AI-Enabled Workforce: Building Compliant, High-Performing Distributed Teams in the AI Era

Beyond Training: Building an AI-Ready Workforce
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download eBook

Beyond Training: Building an AI-Ready Workforce