NEETs in the UK: A Growing Concern and Potential SolutionsThe UK is grappling with a rising number of young people not in education, employment, or training (NEETs), a situation thats been labeled a national scandal. PwC estimates that addressing this issue could boost the economy by £26 billion. Currently, about three million young people are economically inactive, a third more than two decades ago. The challenge lies in the lack of opportunities for recent graduates, with the UK performing worse than many comparable nations in this regard.While some blame AI for job losses, PwC found no evidence of this. Instead, a significant factor is the rise in long-term sickness, particularly mental health conditions, among young people. The governments Youth Guarantee initiative is trying to address this, but its effectiveness is questioned. Many believe intervention should happen earlier, before young people become NEETs. A proposed solution is a Skills Tax Relief, which would incentivize companies to hire apprentices, potentially leading to lower welfare spending and higher tax revenues.

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