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Youth contract a load of bull


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http://www.myfinances.co.uk/pensions/2012/04/02/clegg-unveils-youth-contract-for-jobs

 

Youth unemployment for people aged 18-24 has been above one million since November 2011’s unemployment figures were announced and the government’s Youth Contract initiative is designed to reduce this number and combat critics who say that the government has not done enough on the issue.

 

Mr Clegg says that he expects 410,000 jobs to be created over the next three years through the initiative. The Youth Contract was first announced last November and means companies involved in the scheme will be offered £2,275 worth of wage initiatives to take on up to 160,000 under 25-year-olds. There will also be up to 250,000 work experience placements available through the scheme.

 

Be cheaper to pay the youth their dole tax free and let them work on top of it via PAYE.

 

Or let them go self employed and claim the subsidy for themselves.

 

Got a job, want a job? Get signed on you non subsidy yielding chuff.

 

You want job? You need to provide company with £2275 subsidy. Lower wage bill innit.

 

What's that, "Your 25+?"

 

No job for you, no subsidy pal.

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Much of this government's plans to bring down unemployment seem to be more about media headlines than actual help. A4e is a prime example. So are many of their apprenticeship schemes.

 

There is a TV programme on BBC 1 tonight at 8.30pm

'The Great Apprentice Scandal - Panorama'

 

Let's see which of Cameron's pals is earning oodles of dosh (our taxes!) from delivering nothing on this one....

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