In the UK it's not really that rosy.
The official unemployment rate is a sham, plus there are a high number of "zero contract", part time and crap "poverty wage" jobs now.
"Free money" from the state doesn't really exist. You pay in when working , then when you can't, you get some back... and even that is being restricted, tightened, means-tested etc. More and more.
Yes, there are lots of other issues to factor in, but it's definitely not too good at the moment, and inflation is threatening to spike again.