Removal. On June 17th, the government canceled and suspended 217 programs signed by the previous Labor government since January 2010, for a total ₤10.5 billion (€12.5bn) saved. Regarding public employment policies, some programs to help long-term jobseekers, created during the recession, were canceled. The “Future Jobs Fund,” which provided for the creation of 150,000 jobs for young jobseekers, won’t be extended. The program guaranteeing a job or training for 18-24 year-olds out of work for six months will be removed in 2011, as well as the equivalent program guaranteeing a job for everyone inactive for two years. In total, ₤1.25 billion (€1.49bn) will be saved. Besides, subsidies paid to businesses recruiting long-term jobseekers will be stopped.
ram guaranteeing a job or training for 18-24 year-olds out of work for six months will be removed in 2011, as well as the equivalent program guaranteeing a job for everyone inactive for two years.
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