UK risks £125bn hit a year from youth unemployment, landmark report says

Economy The Guardian By Richard Partington Senior economics correspondent 28 May 2026 10:16 1 min read

Alan Milburn warns of ‘lost generation’ after number of young people not in work or education rises to more than 1m ‘A record of failure’: what’s in first part of Milburn report? Tell us: we would like to hear from young people in the UK about their job hunting experience Britain risks a financial hit worth £125bn a year from a worsening crisis in youth worklessness after a rise in the number of young people not in employment or education to more than 1 million. In a landmark government-backe

Alan Milburn warns of ‘lost generation’ after number of young people not in work or education rises to more than 1m

‘A record of failure’: what’s in first part of Milburn report?

Tell us: we would like to hear from young people in the UK about their job hunting experience

Britain risks a financial hit worth £125bn a year from a worsening crisis in youth worklessness after a rise in the number of young people not in employment or education to more than 1 million.

In a landmark government-backed report, Alan Milburn warned that Britain’s economy and the public finances were losing billions of pounds a year amid the growing risk of a “lost generation” of young people.

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