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Summary
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.