Millions of young people in the United States (US) and European Union (EU) are neither working nor learning, according to a latest PEW research.
The young people who are neither employed nor in education or training are often called NEETs. In 2015, the US had about 10.2 million NEETs aged between 16 to 29, which is 16.9% of total population of that age group.
The Pew Research Center’s analysis shows that there’s a modest decline when compared with 2013 figures. There were 11 million NEETS in 2013, which is 18.5% of total population of that age group in the US.
There was an increase in NEETs in the EU during and after the financial crisis, noted the PEW research. In 2014, about 13.4 million young people aged between 15 to 29 were NEETs, which is 15.4% of the total population of that age group.
There’s a considerably variation in NEET rate among the EU’s 28 member nations, says the research. Greece and Italy had the highest rates with over a quarter of 15 to 29 year olds in those countries were NEETs.