The UK has seen a drop in the number of young people aged 16 to 24 who are not in education, employment, or training (Neets), falling below 1 million for the first time in recent periods. Official figures from the Office for National Statistics show a decline from the previous three-month period, marking progress in efforts to tackle rising economic inactivity among this age group. While the total remains higher than a year ago, the latest data offers a positive sign for government initiatives aimed at reversing the trend. The latest surveys indicate an estimated 981,000 Neets in the most recent quarter, down from 1,012,000 in the preceding period.
Number of Neets is 30,000 higher than a year ago but latest figures are a boost to efforts to reverse the rise in economic inactivityBusiness live – latest updatesThe number of young people not in education, employment or training (Neet) across the UK fell below 1 million in the latest three-month period.In a boost to the government’s efforts to reverse years of rising economic inactivity among people aged 16 to 24, the Office for National Statistics said its surveys showed there were an estimated 981,000 Neets in April to June, compared with 1,012,000 in January to March. Continue reading...