Business & Finance
UK youth unemployment drops below 1 million in latest quarter
Despite the quarterly improvement, the total number of young people not in work, education, or training remains higher than last year.
The short version
- The number of UK young people aged 16 to 24 not in education, employment, or training (Neet) fell to an estimated 981,000 in April to June.
- Despite the decline from the previous quarter, the total is still 30,000 higher than the same period last year.
- A government-commissioned review led by former health minister Alan Milburn is expected to deliver recommendations on youth services in the autumn.
Key facts
- The Office for National Statistics reported that the number of Neets fell to 981,000 in the April to June quarter, down from 1,012,000 in the January to March quarter.[The Guardian]
- The annual number of Neets is 30,000 higher than a year ago, comprising 530,000 men and 451,000 women.[The Guardian]
- Approximately 13% of young people in the UK are currently outside work, education, or training.[The Guardian]
- A report by the Work Foundation thinktank found that 36% of employers reduced the number of entry-level jobs available for 16-to-24-year-olds over the past 12 months.[The Guardian]
- Work and Pensions Minister Pat McFadden has described addressing youth unemployment as a 'national cause'.[The Guardian]
What remains uncertain
- Experts have proposed several potential drivers for youth unemployment—including employer reluctance, the adoption of artificial intelligence for entry-level tasks, and rising mental illness—but the relative impact of these factors remains unquantified.[The Guardian]
Sources
- Youth unemployment in UK falls below 1 millionThe Guardian - World