The American dream includes raising children who grow up to lead successful, independent lives.
You spent years guiding them, helping with homework, driving to soccer practice, teaching them responsibility. Then one day, they’re supposed to spread their wings.
But what if they never fly? What if they stay grounded on your couch, game controller in hand? They might just be a NEET — not in employment, education, or training.
According to the International Labour Organization, more than 23% of young adults are considered NEETs, and that number is growing.
“A NEET is someone who is not employed, is not actively or currently seeking education and is also not actively trying to learn a trade or is training for a specific vocation,” said Edliz Vazquez, a National Certified Counselor.
With a competitive job market and skyrocketing living costs, many feel stuck. And it’s not just about motivation.
“The labor market is also very volatile with an increase in layoffs in the federal and private sector,” said Vazquez.
For many, the cost of higher education is a roadblock. The price tag for an in-state four-year public university? More than $11,000 a year.
“A lot of young people are afraid of racking up a lot of student loan debt,” said Vazquez.
So what happens when your young adult gets stuck, neither working nor in school? Encourage a part-time job or volunteering.
“It helps create structure and a routine where you’re getting accustomed to and used to the idea of showing up somewhere,” said Vazquez.
Promote skill-building. Even if college isn’t an option, trade schools, online courses, or certifications can provide opportunities, and focus on networking.
The goal? Getting NEETs moving toward the future, one step at a time.
Parents, it’s never too early to start helping your child launch. Early engagement and support are key to helping young adults achieve independence.
Additionally, parents can foster financial literacy even with their pre-teens by discussing budgeting, saving, and credit, equipping their children with essential money management skills for the future.