UK Government Pledge to Invest into Youth Unemployment
|Posted on Wednesday Nov 14|
The Office for National Statistics has revealed that youth unemployment is at a shocking record high with one in five of those aged between 16 and 24 currently out of work.
The UK government announced a series of measures to prioritise youth employment including a £60 million commitment to getting more vulnerable young people into work, a boost to Apprenticeships and radical reforms to transform vocational education.
The measures aim to tackle some of the long-term structural barriers that stop some young people from getting a job and starting their career. A new £10 million a year innovation fund will be launched aimed at the community and voluntary sector to help in the drive to help young people find jobs.
The announcement follows pledges from over 100 large companies and tens of thousands of small companies around the country to offer work experience placements. In total the government will provide funding for up to 250,000 more apprenticeships over the next four years, and funding for 100,000 work placements over the next two years.
"There simply aren't enough jobs... and young people are being particularly hard hit." Stephen Timms Labour
The measures outlined in the Supporting youth employment paper are designed to ensure that young people have the opportunity to get work, to support economic growth, to advance their career prospects and encourage social mobility, and also to help fill some of the 500,000 vacancies currently in the job market.
Jobs.co.uk is an online UK jobs board which hosts 3rd party vacancies from a variety of employers and agencies including Graduate Jobs, plus 1,000's of positions available in a wide variety of sectors including IT/Telecoms, Accountancy, FCMG, Health & Medical, Engineering/Manufacturing and many, many more.
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