Clegg launches jobs scheme
The Deputy Prime Minister Nick Clegg is launching his £1bn flagship scheme to get young people into work.
Details of Youth Contract targets
The Youth Contract, launched by the Deputy Prime Minister Nick Clegg and Minister for Employment Chris Grayling will mean that:
- Businesses will be encouraged to take on under 25s, with 160,000 wage incentives worth up to £2,275.
- An extra 250,000 work experience places will be provided over the next three years. Every 18 to 24 year-old Jobseekers Allowance claimant who wants one will now be able to take up a placement.
- An extra 20,000 incentive payments will become available to encourage smaller businesses to recruit their first apprentices.
- Extra resource will allow advisers based in Job Centres to spend more time with young people.
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