Government Announce 1bn Scheme That Will 'provide Hope' To Young Jobless
Deputy Prime Minister Nick Clegg says a £1bn plan to provide subsidised work and training placements will "provide hope" to thousands of young people. The youth contract scheme will give employers subsidies worth £2,275 to take on 160,000 18-to 24-year-olds, for six months, over three years. Youth unemployment hit 1.02 million in the three months to September.
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