Young Women’s Trust Report
The Young Women’s Trust (YWT) report ‘Totally Wasted?’ launched on Wednesday 3rd September 2014 at the Royal Academy of Engineering in London by The Reverend Rose Hudson-Wilkin, Speaker’s Chaplain to the House of Commons; Sian Williams, Chair of the YWT Inquiry Panel and Dr Carole Easton, Chief Executive of the charity, explores the crisis of young women's worklessness. It shows how hundreds of thousands of young women who want to work cannot do so because the advice, training and support they receive has them competing for a limited number of poorly paid jobs.
This YWT 'Scarred for Life?' Inquiry focuses on young women who are not in education, employment or training (NEET). The latest figures from the Office for National Statistics show that, amongst 18-24 year old women, 418,000 young women are NEET - almost 1 in 5. In some parts of England this figure rises to 1 in 4. This has a deep impact on young women's lives. There is a high risk that these young women will be scarred for life as a result of this period of unemployment.
The Facts
- The latest figures show that there are 418,000 women aged 18-24 who are NEET
- Over the last 12 months an average of 20% of young women aged 18-24 were NEET at any given time.
- Women who are NEET between the age of 16 and 24 are likely to be unemployed for an average of 36 months before their 30th birthday
- Women who are unemployed in their youth can expect an average salary of only £8,647 when they are 30-34 years old.
- The cost of youth unemployment was over £10 billion in 2012
Through the Inquiry the YWT wants to find out why young women get 'stuck' and what needs to change so all young women can be financially independent and emotionally resilient.
Click here to read a copy of the Totally Wasted? The Crisis of Young Women's Worklessness report.
