Investing in Youth: Australia
The present report on Australia is part of the series on "Investing in Youth", which builds on the expertise of the OECD on youth employment, social support and skills. This series covers both OECD countries and countries in the process of accession to the OECD, as well as some emerging economies. The report provides a detailed diagnosis of youth policies in the area of education, training, social and employment policies. Its main focus is on disengaged or at-risk of disengaged youth.
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Executive summary
Australia was hit much less heavily by the Great Recession than most other OECD countries, yet the labour market situation for young people has improved little since. After a continuous decline in youth unemployment rates since the early 1990s, rates have started rising again while youth employment has fallen. The share of youth not in employment, education or training (NEET) is 1.4 percentage points higher in 2015 than it was 2008 (11.8 vs 10.4%), with 580 000 young Australians out of education and work in 2015. Just under two-thirds of NEETs are currently not looking for work (the “inactive NEETs”).
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