Recently released figures, show a fall in the proportion of NEETS, down from 13% to 12.3% of all 16-24 year olds. According to Skills Minister Nick Boles, this ‘demonstrates that our economic plan is working’ –yet there are still 943 000 young people being in this category. Take a look at the figures in more detail though and a less certain picture emerges. There’s been a slight rise in the number of 16-18 NEETs for example, from 6.8% to 7.1%. 14% of 18 year olds are also now classified as NEET (up from 12.6% a year ago).
The NEET rate is not the same as the unemployment rate. The latter includes students who are also looking for work in this case, currently about 250, 000. Only about half of NEETs are unemployed however –the remainder being ‘economically inactive’, not seeking work or not able to work. Arguably though, NEET statistics…
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