Business leaders have backed the £1bn Youth Contract, announced byLiberal Democrat Leader and Deputy Prime Minister, Nick Clegg inNovember, which aims to ensure that all jobless young people areearning or learning again before long-term damage is done.
Britain’s four biggest employer organisations, the Confederation of BritishIndustry (CBI), the British Chambers of Commerce (BCC), the British RetailConsortium (BRC) and the Federation of Small Businesses (FSB), haveformally backed the Youth Contract and will also urge their members to backthe initiative.Starting next April, the Youth Contract will provide at least 410,000 newwork places for 18 to 24 year olds into work over the next three years. Thisincludes 160,000 wage subsidies and 250,000 new work experience
Northern News February 2012
Beith welcomes backing for Youth Contract
placements.A new programme to will help 16 and 17 year olds who are not in employment, education or training (NEETs). This willhelp the most disengaged young people get back to school or college, onto an apprenticeship or into a job with training.In addition, there will be at least 20,000 more incentive payments to encourage employers to take on youngapprentices in England.
Sir Alan Beith MP
said, “Youth unemployment is an economic waste and a slow-burn social disaster. If young peopleare out of work, the consequences of that will be felt for decades afterwards. We need to ensure young people do nothave a false start.“That is why it is excellent news that Britain’s four biggest employer organisations are backing the scheme. I lookforward to working with local employers to make sure the Youth Contract is a success so that we won’t lose the skillsand talent of our young people – right when we need them most.“As a Liberal Democrat, I am proud that the Coalition Government is working with business to do the right thing toprevent another lost generation.”
Deputy Prime Minister, Nick Clegg
said, “Supporting people into work is my priority for 2012 and helping youngpeople get proper lasting jobs is especially important.“The Youth Contract will make sure every unemployed young person starts earning or learning again before long termdamage is done.“But government can’t do this alone, we need businesses to play their part too. That’s why the support of theConfederation of British Industry, British Chambers of Commerce, British Retail Consortium and Federation of SmallBusinesses is such good news.”
Nick Clegg on a visit to Newcastle in 2009 to look at training opportunities provided by the City Council,then in Lib Dem control. In government, the Lib Dems have created the Youth Contract which will helphundreds of thousands of young people to get work experience, training and into jobs.
Sir Alan Beith MP - pleased with Youth Contract