This chapter examines the situation for young adults in the Nordic countries in education and in the labour market. The authors identify the risk factors for school dropout, unemployment and NEET (not in employment, education or training). After discussing the impact of gender, minority ethnic status, disability and health conditions, the chapter further synthesizes evaluations of the Nordic tradition for Youth Guarantees, and reforms in the education system and active labour market policy measures aimed at reducing the risk of exclusion of young adults from the labour market. Previous research has, however, provided limited knowledge about the effectiveness of the different policy measures. The authors conclude by calling for more differentiated and nuanced outcome measures to improve the quality of future policy evaluations.