The wellbeing of young people stagnates at an all-time low post pandemic, warns Princes Trust (NatWest) annual report.
Aspiring to stability – research shows that for many young people, financial security and good mental health are among their biggest goals in life and having a job can help them to create the stability they need to realise their aspirations.
The perfect storm – research suggests that the public health and economic challenges of recent times are damaging young people’s aspirations and confidence in the future. The trials of the pandemic and now the cost-of-living crisis have made it incredibly difficult for them to find a way forward, particularly for those who were already facing disadvantage and adversity.
Compromised by cost of living -the rising cost of living is of huge concern to young people right now, with many experiencing anxieties and worrying that they will never achieve their life ambitions because of the economic turmoil.
The pressures on young women – young women’s responses suggest they are more likely than young men to be feeling anxious about how a looming recession and the rising cost of living might impact their lives, both now and in the future.
If you have the time read the report in full – it will be well worth your time!