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💥 UK Wealth: why the UK’s unemployment crisis keeps getting worse — pension impact explained The UK is facing a growing unemployment crisis, and the consequences could stretch far beyond the job market. Rising joblessness is not just about lost wages — it directly affects pensions, retirement security, and the financial stability of millions of households. In this video, UK Wealth dives into the latest employment data, revealing why unemployment is rising faster than expected, which age groups are most affected, and how these trends threaten the long-term sustainability of state pensions. From younger workers struggling to find stable jobs to older employees forced out of the labor market, the picture is worrying for anyone planning for retirement. We also break down how economic inactivity, rising sickness benefits claims, and stubborn inflation combine to put pressure on pensions and the future of the UK retirement system. This isn’t just an economic story — it’s a warning for every household and a political challenge for the current government. Stay tuned as we analyze the numbers, the implications for pensions, and what it could mean for your financial future. 🇬🇧📉 00:00 Introduction to the unemployment crisis 00:45 Latest ONS employment data breakdown 01:30 Rising unemployment and the gender divide 02:30 Impact on younger workers and early career pensions 03:20 Falling vacancies and long-term job insecurity 04:10 Economic inactivity and rising sickness claims 05:00 How unemployment affects state pension contributions 06:10 Inflation and interest rate pressures on employment 07:00 Government policies and pension system challenges 08:10 Implications for retirees and future pensions 09:20 Summary and long-term outlook for UK wealth #UKWealth #UKPensions #UnemploymentCrisis #StatePension #UKJobs #BritishEconomy #FinancialSecurity #RetirementUK #EconomicCrisis #UKPolitics #PensionNews #UKInflation