In 2022, the International Labour Organization reported that nearly a quarter of global youth were not in education, employment, or training (NEET), slightly down from a peak in 2020 but higher than pre-pandemic levels. This situation, exacerbated by high inflation and sluggish wage growth, has led many young adults to opt out of traditional life paths. Economic Policy Institute findings highlight a significant productivity-pay gap in the U.S., where productivity has surged far ahead of wages since 1979. Rising costs and economic uncertainties, compounded by climate anxiety among young people, further contribute to their decision to prioritize immediate needs over future financial planning and employment.
https://moneywise.com/news/economy/more-young-people-have-become-neets
