In the News
NEETs - Percentage of NEETs falls below ten per cent
2nd September 2021
NEETs are young people who are not in education, employment or training. The good news is that the number of people in this category is falling.
The latest figures for the UK show that there were an estimated 631,000 young people in the UK who were NEET in April to June 2021, which is a record low; the number had decreased by 144,000 compared with April to June 2020 during the first phase of the covid lockdown. Just under 10 per cent of young people are now classified as NEET.
The fall in the percentage is welcome news, but we shouldn't underestimate the continued challenges facing many hundreds of young people as they enter the labour market or face problems in remaining economically active. For some there are health issues relating to long covid. Others must focus on supporting the long term care of relatives.
Whilst the NEET percentage has dropped, long-term unemployment among young people has climbed in the UK and in many other countries too.
The turn of the year brought a rapid reduction in NEETs relative to unemployment. Higher-ed has had a significant impact on this figure. Whilst employment in 16-24 year olds seems to play a part, a broader assessment presents concerns.#ChartoftheWeekhttps://t.co/UAQo35ZFV1 pic.twitter.com/ohSQjkLNRT
— ERC (@EconResCouncil) September 2, 2021
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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