Job Market Monitor
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UK | Young Unemployment | Clegg Launches £1bn Flagship Scheme
Nick Clegg is today launching his £1bn flagship scheme to get young people into work amid accusations that the government has been complacent over youth unemployment. The Deputy Prime Minister – who has championed the plan in the coalition – will say the start of the Youth Contract offers a route into work for young … Continue reading
Factcheck: Does frequent youth unemployment negatively affect your wages later in life? | Full Fact
Today the Department for Education claimed that, by the age of 42, a young person who experiences frequent unemployment can expect to earn 12-15 per cent less than average. Is this right? “By the age of 42, someone who had frequent periods of unemployment in their teens is likely to earn 12-15 per cent less … Continue reading
Firms to be given £2,000 cash ‘reward’ for hiring ‘Neets’ after number of jobless young soars to record levels | Mail Online
Charities and businesses will be given cash incentives to get jobless under-18s ‘earning or learning’, Nick Clegg announced today. The Deputy Prime Minister hopes to defuse the ‘ticking time bomb’ of youth unemployment with a £126million scheme across England Organisations will receive up to £2,200 for every young person they help. They will receive an … Continue reading
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