Skip to main content
See every side of every news story
Published loading...Updated

Firms to be paid to hire unemployed young people

The UK government pledges £1 billion to create 200,000 jobs and offers £3,000 bonuses to firms hiring youth unemployed for six months or more.

  • On Monday, Work and Pensions Secretary Pat McFadden announced the Youth Jobs Grant, a government scheme designed to create 200,000 jobs for young workers across Britain.
  • The initiative addresses youth unemployment hitting its highest level in 11 years, with nearly one million young people not currently in education, employment, or training.
  • Businesses will receive £3,000 for hiring young people unemployed six months or more, while small and medium firms get £2,000 for every new apprentice taken on.
  • The Conservatives criticized government policies for "disappearing" work opportunities, though McFadden insisted youth unemployment is a "long-term problem" unrelated to Labour's current policies.
  • Prime Minister Sir Keir Starmer stated the reforms aim to close the skills gap, with proposals expected to support 60,000 people across the nation.
Insights by Ground AI

12 Articles

The IndependentThe Independent
Reposted by
The Independent (US)The Independent (US)
Lean Left

UK government to launch £1bn plan to tackle youth unemployment

The £1billion package is due to be laid out on Monday, with the government aiming to create 200,000 jobs

·London, United Kingdom
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources lean Left
50% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Sunday, March 15, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal