Jobs crisis deepens as 300,000 'hidden' middle-class young people live off Bank of Mum and Dad

Reform UK MP Danny Kruger blasts Andy Burnham over record youth unemployment

Jobs crisis deepens as 300,000 'hidden' middle-class young people live off Bank of Mum and Dad

TL;DR

  • Around 300,000 young people in Britain are classified as 'hidden NEETs' not in education, employment, or training and not claiming benefits.
  • Four in five hidden NEETs live with their parents, and six percent receive financial support from relatives.
  • Many hidden NEETs are older (22-23), may have degrees, and come from higher-income households compared to NEETs who claim benefits.
  • Entry-level job vacancies have significantly decreased over the past year, impacting young graduates.
  • These young people are 'invisible' to the state and are cut off from employment support routes.
  • Despite being eligible for universal credit, thousands are not claiming it.