{"id":909771,"date":"2026-11-08T03:32:08","date_gmt":"2026-11-08T03:32:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/909771\/"},"modified":"2026-11-08T03:32:08","modified_gmt":"2026-11-08T03:32:08","slug":"markets-will-help-neets-more-than-governments-can","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/909771\/","title":{"rendered":"Markets will help NEETs more than governments can"},"content":{"rendered":"<p class=\"wp-block-paragraph\">For Canadians of a certain age, the term \u201cNeet\u201d evokes memories of TV commercials for the cream depilatory of that name, though I learn from Wikipedia that in North America \u201cNeet\u201d was changed in 2002 to what it had always been in France: \u201cVeet,\u201d which is a play on \u201cvite,\u201d i.e., quickly.<\/p>\n<p class=\"wp-block-paragraph\">For younger Canadians and policy wonks, NEET now refers to \u201cnot in employment, education or training.\u201d It is a big policy and political concern in the United Kingdom, where <a href=\"https:\/\/urldefense.com\/v3\/__https:\/\/www.ons.gov.uk\/employmentandlabourmarket\/peoplenotinwork\/unemployment\/bulletins\/youngpeoplenotineducationemploymentortrainingneet\/august2026__;!!MtWvt2UVEQ!GzV_4668kM5uY4DZpt5qoMvXEi4mm5fKxCIzpUXxeSigsQydfgDS0IrOLO30y18SllksgaWMgiIvEQ7qEYXHH_-2t4hSMA%24\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">almost a million young people<\/a> are NEETs. Not having a million young people \u201claunch,\u201d if in fact that\u2019s what\u2019s happening, is problem enough. Paying for them to do nothing, if nothing is what they\u2019re doing, is getting to be very expensive. The U.K. is facing up to the fiscal implications of such support, much of which is for supposed mental disabilities. The left of the Labour Party is resisting reform.<\/p>\n<p class=\"wp-block-paragraph\">We have NEETs, too. In recent years, <a href=\"https:\/\/financialpost.com\/tag\/statistics-canada\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Statistics Canada<\/a> has added NEET-related questions to the <a href=\"https:\/\/financialpost.com\/tag\/jobs\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Labour Force Survey<\/a>. Despite there being only six of us for every 10 Brits, we have roughly the same number of NEETs as they do \u2014 though they tend to count 16-24-year-olds while Statistics Canada tracks 15-29-year-olds.<\/p>\n","protected":false},"excerpt":{"rendered":"For Canadians of a certain age, the term \u201cNeet\u201d evokes memories of TV commercials for the cream depilatory&hellip;\n","protected":false},"author":2,"featured_media":909772,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[28,134,2458],"class_list":["post-909771","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jobs","tag-business","tag-jobs","tag-statistics-canada"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/909771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=909771"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/909771\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/909772"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=909771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=909771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=909771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}