We know that youth work can transform, and even save, lives. Now, we can also place an economic value on it too.
New, ground-breaking research by UK Youth and Frontier Economics has found that for every £1 government invests in youth work, the benefit to the taxpayer is between £3.20 and £6.40.
Youth work is already saving the government £3.2bn a year through improved education and employment outcomes and positive impacts on mental health. It is also contributing £5.7bn annually to the wider economy through jobs, volunteering, and local suppliers. With further investment, the benefits would be even higher.
The economic value of youth work is: Untapped.
At UK Youth, we believe this is a watershed moment for the youth sector and young people. Find out more by downloading the full report and report summary below:
UK Youth is calling on the Government to recognise the substantial impact of youth work and to commit to investment to help unlock the potential of youth work for all young people.
We believe that, with more investment, the sector could make an even bigger impact. So we are calling on increased donations and support from individuals, foundations and the business community to support youth work and young people.
To help achieve this, we are asking youth organisations, cross-sector partners, charities and the wider public to: