Global Youth Unemployment Rises as UK Reviews NEET Crisis
The International Labor Organization reports rising global youth unemployment while Alan Milburn reviews systemic barriers facing nearly one million inactive young people in the UK.
The International Labor Organization reports a rise in global youth unemployment and inactivity, with 12.4% of people aged 15 to 24 unemployed and 20% categorized as not in employment, education, or training (NEET). The agency attributes these trends to economic fragility, high inflation, and subdued GDP growth, which have reduced both the quantity and quality of available jobs.
In the United Kingdom, Alan Milburn, a former government minister, is conducting a review of youth unemployment to address systemic barriers to workforce entry. Milburn has characterized the current situation as the creation of a "lost generation" of young people who are desperate for opportunities to learn or earn.
Recent data from the Office for National Statistics shows a slight quarterly decrease in UK NEETs aged 16 to 24, falling to 981,000 in the April-June period from over one million earlier in the year. However, this figure remains 30,000 higher than it was one year ago. The Youth Futures Foundation Limited and the charity Mencap have noted that current systems are failing to meet the ambitions of young people, while the Joseph Rowntree Foundation linked the unemployment trend to persistent poverty.