[quote CoffeeandCroissant]"Young people have passed the HIT because there was only a small residual susceptible population left after the 1st wave, and that has been exhausted."
Only 8% of the 18-24 age group had antibodies after the first wave:
www.imperial.ac.uk/news/201893/largest-study-home-coronavirus-antibody-testing/[/quote]
Antibodies indicates immunity, however plenty have acquired (or possibly already have) immunity without producing antibodies.
Anecdotally lots of hospital staff (tested frequently) that tested positive on PCR tests failed to produce detectable antibodies in subsequent antibody tests. The immune system is very complex and has a range of tools, and it doesn't necessarily produce antibodies in response to infection if it doesn't need to.
www.independent.co.uk/news/health/coronavirus-antibody-test-covid-19-a9567171.html
This is where models vary. Some argue only 10% have had the virus so far because they assume no antibodies = no immunity, whereas other model it at more like 30% because this is a much better fit to the hospitalisation/infection data.