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Bosses not turned on to Youth Contract scheme

Filed under: Information Risk and Security — Mark on August 28, 2012

Just 22 per cent of UK bosses have shown interest in utilising the £1bn Youth Contract scheme from Deputy PM Nick Clegg. The scheme offers wage subsidiaries as Clegg attempts to salvage young people from a life of unemployment. Clegg had hoped to provide them with opportunities in companies with information security vacancies and other positions.

A report by JobsOutlook reported the findings after the Recruitment and Employment Confederation surveyed 200 employers across numerous sectors.

Around 69 per cent of employers were aware that the scheme existed and 64 per cent said that although they knew about it, they weren’t interested. A further 11 per cent weren’t sure if they had heard about it or would use it.

The survey provides a hiring outlook which looks to be relatively stable on a monthly basis. In the next three months, 62 per cent of UK firms are looking at increasing their staff quota – a figure which has fallen from 64 per cent in July. The fifty eight per cent anticipating a longer-term rise in staff in the next four to 12 months is a fall from 59 per cent in August.

Kevin Green, REF chief executive, told Recruiter:

“It’s clear that the government’s good intentions on youth employment are not hitting the mark. It seems from this survey that the government isn’t getting the message across to employers about why and how they should take part in initiatives such as the Youth Contract.”

The survey further found that short-term expectations of an increased number of temporary workers fell to 31 per cent from 32 per cent, with longer-term intentions falling from 19 per cent to 16 per cent.

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