Another acronym from sociologists...
NEET stands for 'Not in Education, Employment or Training'. I'm not sure, yet, whether it has any global significance or derogatory overtones. However, like chav, it seems to be particularly applicable to a social under-class lacking drive, motivation or ambition. I part this is due to poverty and lack of opportunity. But this
burgeoning classification will soon become the darling of right-wingers.