Gen Z are increasingly becoming NEETs by choice—not in employment, education, or training [Yahoo! Finance]
TransUnion (TRU)
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Source: Yahoo! Finance
Instead, they're opting to become NEETs—not in employment, education, or training—and creating record levels of youth unemployment around the world. According to the International Labour Organization , about a fifth of people between 15 and 24 worldwide in 2023 are currently NEETs. In Spain alone, over half a million 15-to-24-year-olds are neither studying nor working. Meanwhile in the U.K., almost three million Gen Zers are now classed as economically inactive—with 384,000 youngsters joining the “workless” class since the Covid pandemic. The studies don't delve into what's inspiring young people to ditch the rat race and opt for a life under their parent's roof or on public subsidies, but separate research highlights that even if they did start climbing the corporate ladder, buying a home of their own still feels like an impossible task. Adulthood milestones are seemingly out of reach anyway Reams of research shows that those in their early 20s are earning less, have more
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