More than a fifth of people worldwide between the ages of 15 and 24 years old – 21.7% – were considered NEETs in 2023, according to the International Labour Organization.
Finances are another common issue. The cost of education is prohibitive for some young people, and for others who do complete education or training, the high cost of living in the cities where job opportunities exist can keep them out of the labor market.
If someone uses an acronym, the rule is that it needs to be explained.
It is, right at the start of the article.
I’m merely reading the blurb posted as an expanded ‘headline’.