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A British government report indicates that the youth unemployment crisis could cost the UK economy around £125 billion annually, due to the rise in the number of young people not working, not in education, or not in training, which exceeded one million individuals aged 16 to 24 during the first three months of this year. The report emphasizes the need to recalibrate policies in education, healthcare, and social services to address this issue, which is considered one of the country's foremost challenges.
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