Researchers spoke to more than 2000 16-24-year-olds for the YMCA's new report, called 'What Matters Most', to find out what they thought the Government should prioritise in the coming Budget.
'What Matters Most' found more than a third (40%) said job availability was the thing they were finding most difficult at the moment.
36% highlighted the quality of their education as their biggest worry, and 24% said the cost of further education was their biggest concern.
What Matters Most statistics:
Housing: 42% of young people said rental costs were the biggest issue
Education: 44% of 16 to 24-year-olds said exam stress was the biggest issue
Health & Wellbeing: 44% of young people cited mental health as their biggest concern
Family: 41% said debt was the biggest issue facing them in 2016
Liam Preston from YMCA England told Premier: "Despite the Office for National Statistics showing that there were falls in unemployment, so even though there's falls in unemployment young people are still seeing it as a big worry."
"We know at the last general election, it's estimated that around 44% of young people turned out to vote... so the reasons politicans tend not to choose to make decisions in the interest of young people is because they tend not to vote."
Denise Hatton, Chief Executive of YMCA England, added: "What Matters Most gives a loud and clear message to Government that young people are finding it more difficult than ever before to fulfil their potential.
"We know at YMCA how important it is for young people to access sustainable jobs and quality education, and it is clear from this research that this generation has very real fears about being cut adrift from society as political and economic realities bite.
"Positive changes, such as a promised increase in apprenticeships, are welcome but the Government must use its first full Budget to focus on young people and give them the start in life that they need to progress positively into work and society."
The Chancellor George Osborne is expected to give a statement on the Budget in two weeks.
Listen to Premier's Hannah Tooley speak to Liam Preston from the YMCA here: