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Young people increasingly less optimistic about their future, IPPR finds

IPPR found that 16 to 21-year-olds have lowered their expectations as secure work is harder to find and traditional pathways to adulthood is more difficult to reach.

Young people increasingly less optimistic about their future, IPPR finds
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Young people across England have become less optimistic about their futures, according to analysis by the Institute for Public Policy Research (IPPR). 

Record numbers now fear long-term unemployment, and fewer believe they will be successful compared to a decade ago. 

IPPR found that 16 to 21-year-olds have lowered their expectations as housing has become less affordable, secure work harder to find, and traditional pathways to adulthood more difficult to reach.

The share of young people expecting to face long-term unemployment has roughly tripled since 2015. 

Around one in 14 now believe they are likely to become long-term unemployed, up from one in 50 about 10 years ago. 

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Young women are more likely to expect unemployment than young men. 

The number who think they have a low chance of success has also climbed, now one in 17 compared to less than one in 50 in 2015.

Belief in meritocracy has fallen, with only one in four young people saying everyone has a fair chance to go as far as their talent and hard work will take them. 

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IPPR noted the sharpest divide is linked to mental health, with the share expecting long-term unemployment doubling in recent years.

IPPR warned that this growing pessimism could lead to economic consequences, as young people may disengage from work, lower their ambitions, or lose faith in effort leading to a better life. 

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The think tank also pointed to signs of “financial nihilism” among young people, including working less, taking greater financial risks, and abandoning long-term economic planning.

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Ellie Harris, principal research fellow and head of children and young people at IPPR, said: “Young people are telling us clearly that the deal no longer adds up. 

“For too many, the promise that hard work will lead to security and opportunity no longer feels credible.

“This should concern all of us. Expectations shape behaviour. When young people lose faith in their futures, that doesn’t just affect their wellbeing, it risks weakening economic growth, productivity and social cohesion too.”

Harris added: “This is not simply a crisis affecting a small minority. Confidence is falling across England, across social groups, and across genders.

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“The challenge for policymakers is not only to improve outcomes for young people, but to rebuild belief that those outcomes are still attainable.”