The advent of artificial intelligence has sparked concerns about the future of employment worldwide. The situation is particularly taking a turn for the worse in the UK, where young professionals are struggling to get an entry-level job amidst a tough economy.
According to a report by Bloomberg, the youth unemployment rate has risen to 16.4%, the highest in a decade and faster than in any other G7 country. The UK government has scrambled to control the situation by providing grants to employers to take on young workers.
Georgie Blackburn, a Gloucestershire-based career coach, says entry-level jobs now cost up to £750 (Rs 96,880) and may direct people to volunteer work, internships and online courses, while education degrees are becoming more irrelevant.