The Youth Contract is a cash injection of £1bn to get young unemployed people earning or learning over the next three years.
It includes 160,000 wage incentives worth more than £2,275 for each 18-24 year old an employer recruits and 250,000 work experience placements.
There are also 20,000 incentive payments to support employers create apprenticeships and £126m to help teenagers into education, employment or training.
I said to my advisor, now then pal, YC been announced today, £2275 subsidy for employers and I want to go self employed.
Give me my £2275 subsidy for employing an unemployed youth.
Did i get the subsidy, did I eckers?
I got offered a job in dental laboratoy. Pay you might ask? Nil. (Bet they get the subsidy!)
How can I compete as a self employed person if I compete with businesses with subsidised labour. I need that £2275 in order to compete!