Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Reeves condemns rise in ‘NEET’ youth as a ‘stain on our country’

by March 5, 2025
March 5, 2025
Reeves condemns rise in ‘NEET’ youth as a ‘stain on our country’

Rachel Reeves has branded the rising number of young Britons not in employment, education or training (NEET) a “stain on our country”.

In a fireside chat at a manufacturing conference in London, the Chancellor voiced alarm that nearly one million 18-24-year-olds are currently “sitting at home doing nothing” instead of gaining valuable skills or workplace experience.

Official figures show the total number of NEETs in the 16-24 age bracket surged to 987,000 between October and December 2024, up from 877,000 a year earlier. That equates to 13.4 per cent of all young people – a rise of 1.3 percentage points. Reeves emphasised that it is “crucial” to reverse this upward trend, arguing that the nation cannot afford to “waste the best time of their lives”.

Her comments follow criticism from business leaders, who warn the latest budget’s tax hikes could exacerbate the problem by limiting job opportunities. The Office for National Statistics confirmed that 14.4 per cent of young men and 12.3 per cent of young women fall into the NEET category. Of the 987,000 total, 542,000 are men and 445,000 are women.

Stephen Evans, chief executive of the Learning and Work Institute, said the figures may be a sign of “further trouble ahead in the absence of economic growth,” urging immediate government action to offer young people a job, training place or apprenticeship.

Reeves, meanwhile, highlighted plans to expand apprenticeship access for those who did not achieve English or maths GCSE requirements. She concluded that turning these statistics around must be a priority, insisting: “It is a stain on our country that we are allowing a million people to sit at home doing often nothing.”

Read more:
Reeves condemns rise in ‘NEET’ youth as a ‘stain on our country’

0
FacebookTwitterGoogle +Pinterest
previous post
House Minority Leader Jeffries describes Trump’s address to Congress as ‘most divisive’ in American history
next post
‘Squad’ member delivers real-time whiteboard responses to Trump: ‘No king!’

You may also like

Inflation climbs to 3% as pricier food, flights...

February 19, 2025

New research indicates bank jargon could be fuelling...

August 9, 2023

House prices defy forecasts to continue double-digit increase,...

September 1, 2022

Three-quarters of business leaders in the UK have...

December 14, 2022

Getting to Know You: Dinah Jean-Philippe, Nonprofit Founder

December 21, 2022

Disney+ and Hulu to combine content in single...

May 12, 2023

Nvidia CEO’s Comments Shake Financial Markets

January 17, 2025

Questions mount for DHSC as PPE Medpro case...

June 19, 2025

Majority of UK SMEs are seeking ways to...

April 5, 2023

UK car production soars as industry warns of...

October 26, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025
    • UK revealed as Europe’s worst country for commuters in new ranking

      July 4, 2025
    • This July 4th, a family waits: American hostage’s father pleads for son’s freedom from Hamas terrorists

      July 4, 2025
    • $88m methane-tracking satellite lost in space, dealing major blow to climate monitoring

      July 4, 2025
    • New US visa rules will force foreign students to unlock social media profiles

      July 4, 2025
    • The real Formula 1: British Grand Prix highlights UK’s £16bn motorsport economy

      July 4, 2025

    Categories

    • Business (8,393)
    • Investing (2,102)
    • Politics (15,945)
    • Stocks (3,189)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved