It's claimed more than one in five young people in Wales has experienced symptoms of mental illness as a direct result of unemployment.
The Prince's Trust research also says men are more likely to be affected than women.
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A beautiful day today with sunshine everywhere! Temperatures will rise! Could this be the hottest May day ever recorded in Wales?
Exeter City’s 16-year-old defender Ethan Ampadu is among seven uncapped players in Chris Coleman's squad for Wales' match against Serbia.
The launch coincides with the UEFA Champions League Finals, which will see tens of thousands of visitors to the city.