The guarantee should be made available to all young people under the age of 25 within four months of leaving a job or formal education, according to the Youth Employment Group (YEG) coalition, which is calling for the pledge to be put in place.
The move could generate £69bn for the UK economy though long-term savings in benefits and increased tax revenues, it said, adding that more than 790,000 young people are NEET, up almost a quarter over the last two years.
The pledge also specifies that young people at risk of being NEET should be supported in school. This includes those who are persistently absent from school.
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