Business man

The number of young people not in employment, education or training (NEET) fell 110,000 in the final quarter of 2015, compared with the same period a year earlier, according to the Office for National Statistics (ONS).

There were 853,000 young people in the UK were out of work, education or training between October and December, a fall of more than 12% from a year earlier. But it does represent a 5,000 increase on the previous quarter.

The percentage of NEET young people now stands at 11.8%, up slightly from the previous three months, but down 1.4 percentage points from last year.

The ONS said 42% of young people who were NEET were looking for work and available for work and therefore classified as unemployed. The remainder were either not looking for work and/or not available for work and therefore classified as economically inactive.