A report compiled by the Foundation for Young Australians has revealed up to a third of young people in the nation’s most marginal electorates are without a job or underemployed.

The report points to Queensland as being most at risk from a chronic mismatch between the job needs of young people and the skills they take into the workforce, with warnings many have skills that will be useless within a decade.

The foundation, which is calling for a national future skills symposium in March, estimates at least 880,000 Australian youth will need "significant" re-skilling between now and 2030.