
The Economy Gave Up On Young People ... It's Starting To Show
Watch on YouTube- Insecure jobs, heavy debt and unaffordable housing damage mental health, which lowers educational attainment and employability, and those worse labour prospects then feed back to deepen mental-health problems, creating a reinforcing downward spiral.@money· How Money & Economics Work
Insecure jobs, heavy debt and unaffordable housing damage mental health, which lowers educational attainment and employability, and those worse labour prospects then feed back to deepen mental-health problems, creating a reinforcing downward spiral.
- The loss of routine entry-level roles and the rise of gig work have removed the traditional first rung on the employment ladder because automation and AI eliminate low-skill positions while precarious gigs offer no training or clear progression.@money· How Money & Economics Work
The loss of routine entry-level roles and the rise of gig work have removed the traditional first rung on the employment ladder because automation and AI eliminate low-skill positions while precarious gigs offer no training or clear progression.
- Sky-high rents and the clustering of top jobs in a few cities reduce youth mobility because housing costs eat the income needed to relocate, forcing many young people to stay in job-poor areas or move back home and miss better opportunities.@money· How Money & Economics Work
Sky-high rents and the clustering of top jobs in a few cities reduce youth mobility because housing costs eat the income needed to relocate, forcing many young people to stay in job-poor areas or move back home and miss better opportunities.
- The official unemployment rate understates youth disengagement because it counts only people actively applying for work, so those who stop searching drop out of the statistic and become invisible despite being economically inactive.@money· How Money & Economics Work
The official unemployment rate understates youth disengagement because it counts only people actively applying for work, so those who stop searching drop out of the statistic and become invisible despite being economically inactive.
- High NEET rates reflect structural barriers rather than laziness because disengagement clusters among people with poor health, low incomes, limited education and in places with few jobs, all of which block access to stable work.@money· How Money & Economics Work
High NEET rates reflect structural barriers rather than laziness because disengagement clusters among people with poor health, low incomes, limited education and in places with few jobs, all of which block access to stable work.
- Rising tuition and fewer graduate-level roles mean degrees now cost more but often fail to deliver stable employment because students take on heavy debt expecting graduate jobs that no longer exist, producing credential inflation without guaranteed returns.@money· How Money & Economics Work
Rising tuition and fewer graduate-level roles mean degrees now cost more but often fail to deliver stable employment because students take on heavy debt expecting graduate jobs that no longer exist, producing credential inflation without guaranteed returns.
- When entry points to stable work narrow and welfare depends on families, repeated failure to secure jobs causes some people to withdraw because families absorb the cost and persistent exclusion erodes motivation and social ties, producing long-term dependency like hikikomori.@money· How Money & Economics Work
When entry points to stable work narrow and welfare depends on families, repeated failure to secure jobs causes some people to withdraw because families absorb the cost and persistent exclusion erodes motivation and social ties, producing long-term dependency like hikikomori.
- Treating vocational routes as first choices reduces youth inactivity because dual education combines classroom learning with workplace placements that build employer ties and practical skills, while affordable childcare, housing near jobs and flexicurity let people retrain and stay connected to work instead of becoming permanently inactive.@money· How Money & Economics Work
Treating vocational routes as first choices reduces youth inactivity because dual education combines classroom learning with workplace placements that build employer ties and practical skills, while affordable childcare, housing near jobs and flexicurity let people retrain and stay connected to work instead of becoming permanently inactive.
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