"The Office for National Statistics (ONS) said the number of people aged 16 to 24 who were not in education, employment or training (Neet) rose to 957,000 in the final three months of last year, equating to 12.8% of this age group. The figure was up from 946,000 in July to September."
"There's a broader fear that parents and grandparents have, that their kids are not going to do as well as we've done. That's the first time that's really happened in a century. I think people feel that the social contract that we've had in society – that each generation would do better than the next – is now being broken."
"There are increasing concerns that young people in the UK are faring badly in the jobs market, with unemployment among 16- to 24-year-olds above the EU average. The data shows that the number of young people who are inactive – meaning they are not looking for a job and are also not in education or training – fell by 34,000 in the quarter but remained high at 547,000."
The number of young people aged 16 to 24 classified as Neet (not in education, employment, or training) in the UK rose to 957,000 in the final quarter of the year, representing 12.8% of this age group. The figure increased from 946,000 in the previous quarter, with young women accounting for most of the rise. Youth unemployment in the UK exceeds the EU average, raising concerns about job market prospects. Economic inactivity among young people remained high at 547,000, though it decreased slightly. Government adviser Alan Milburn highlighted that this trend breaks a century-long pattern where each generation achieved better outcomes than the previous one, citing challenges including employment prospects, home ownership, social media, and artificial intelligence.
Read at www.theguardian.com
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