1 in 6 Young People Not in Work by 2031, Report Warns

Published on Β· Source: bbc.com

1 in 6 Young People Not in Work by 2031, Report Warns

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Summarized by AI from the source below

A major review indicates that one in six young people in the UK may not be in education, employment, or training (Neet) within five years without intervention. The unemployment rate for 16 to 24-year-olds is currently 16.2%, the highest since 2014 and over three times the overall unemployment rate of 5%. The report predicts 1.25 million young individuals will be Neet by 2031, compared to 957,000 recorded in late 2025. Government officials acknowledge the need for urgent action and increased support for young people seeking employment.

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