Urban Dictionary says:
NEET
This is a term used in the field of education, the acronym stands for; Not in Education, Employment or Training but young people have started to use it as a term for bums/layabouts with no future.
NEET
This is a term used in the field of education, the acronym stands for; Not in Education, Employment or Training but young people have started to use it as a term for bums/layabouts with no future.
In the UK, the classification is applied to people aged 16-24 (thus excluding the retired) and sometimes phrased as "respondents who were out of work or looking for a job, looking after children or family members, on unpaid holiday or traveling, sick or disabled, doing voluntary work or engaged in another unspecified activity"
On the other hand in Japan the NEET classification covers ages 15 and 34; and people who are engaged in housework or who are actively seeking work aren't considered NEETs.
That’s all that really matters for many people.