'Young people’s happiness across every single area of their lives has never been lower, research by the Prince’s Trust has found.
The charity, set up by the Prince of Wales, said the results of its annual UK Youth Index, which gauges young people’s happiness and confidence across a range of areas, from working life to mental and physical health, should “ring alarm bells”.
The national survey shows young people’s wellbeing has fallen over the last 12 months and is at its lowest level since the study was first commissioned in 2009.
The research, based on a survey of 2,194 respondents aged 16 to 25, revealed that three out of five young people regularly feel stressed amid concerns over jobs and money, while one in four felt “hopeless”, and half had experienced a mental health problem.
Almost half said they did not feel they could cope well with setbacks in life, but despite this more than one quarter said they would not ask for help if they were feeling overwhelmed.
The index shows that young people are particularly disillusioned with the job market and are concerned about money and future prospects.
One in ten said they had lost a job through redundancy or having a contract terminated or not renewed, or being fired, while 54% said they were worried about their finances.' "