"The Institute for Fiscal Studies said the plans did not even target the more than 300,000 who currently claim universal credit and are not required to look for work, mostly due to health conditions. The measures were announced with great fanfare on Monday, with work and pensions secretary Pat Mc Fadden saying they would give life-changing opportunities to young people and significantly reverse the increase we inherited in NEETs."
"Xiaowei Xu, a senior research economist at the IFS who has written a paper on the plans, said the policies will benefit only a small share of nearly 1 million young people. She added that the number of young people not forced to search for work has increased substantially in the last few years."
The UK government announced a £1 billion youth unemployment initiative aimed at helping young people not in employment, education, or training (NEETs). However, the Institute for Fiscal Studies warns the scheme will benefit only a small share of the nearly 1 million affected young people. The think tank notes the plans fail to target over 300,000 individuals currently claiming universal credit who are not required to seek work, primarily due to health conditions. Work and Pensions Secretary Pat McFadden promoted the measures as life-changing opportunities that would reverse recent increases in NEETs. The IFS emphasizes that addressing the growing number of young people exempt from work-search requirements remains critical for meaningful progress on youth employment.
Read at www.independent.co.uk
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