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Government must streamline business support to tackle youth unemployment - CBI
The CBI yesterday commented on the Work and Pensions Select Committee’s report on youth unemployment and the Youth Contract.
Katja Hall, CBI Chief Policy Director, said:
“The Youth Contract, especially the wage subsidy the CBI called for, is crucial to giving young people that extra leg-up in a tough labour market.
“But on its own, the Youth Contract won’t be enough to solve the unemployment crisis among young people, as this report highlights. To provide jobs for our young people long-term, we need fundamental reforms of the welfare and education systems, alongside economic growth.
“In England alone, there are 47 initiatives aimed at incentivising firms to hire and train young unemployed people, but firms tell us the sheer complexity of the system is off-putting. Rather than more new initiatives, what businesses need is a streamlined system that is easy to access.”
Notes to Editors
Yesterday the CBI is launching a new employer forum together with the DWP chaired by Katja Hall, CBI Chief Policy Director, and Mark Hoban MP, Minister for Employment.
The CBI Annual Conference 2012, Forging a New Economic Future, will take place on Monday 19 November at the Grosvenor House Hotel in London, featuring an exceptional line-up of business and political speakers.