Friday, November 25th, 2011
£1 Billion to tackle youth unemployment
Lib Dem Leader and Deputy Prime Minister Nick Clegg has outlined a £1 billion pound Youth Contract to tackle youth unemployment. The aim is to ensure that all jobless young people are earning or learning again before long-term damage is done.
- Over three years, the Youth Contract will provide at least 410,000 new work places for 18 to 24 year olds into work. Starting April 2012
- Including 160,000 wage subsidies and 250,000 new work experience placements.
- In addition, there will be at least 20,000 more incentive payments to encourage employers to take on young apprentices.
- A new programme to help the most disengaged 16 and 17 year olds – getting them back to school or college, onto an apprenticeship or into a job with training.






