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flag UK young women's rising unemployment costs £11B annually, with 957K classified as Neets by 2024.

flag A new PwC report reveals rising unemployment among young women in the UK is weakening the labor market and costing the economy up to £11 billion annually, with 957,000 young women classified as Neets—neither in employment, education, nor training—by late 2024. flag Female unemployment rose to 4.2% from 3.5% in 2023, and young women’s jobless rate climbed to 11.8% from 9.5%. flag Those with poor GCSE results face a significantly higher risk of becoming Neets. flag Despite the UK retaining a top G7 position in the Women in Work Index, OECD-wide progress has slowed due to rising part-time work and jobless rates among women. flag Experts stress early educational support is key to addressing deep-rooted inequalities.

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