Great Britain: government spends GBP 1 billion to tackle youth unemployment

On April 2, Deputy Prime Minister Nick Clegg and Minister for Employment Chris Grayling presented their new Youth Contract to tackle youth unemployment, which has been building up for much of the past decade.  Indeed, Department for Education figures show 1,163,000 young people in this age group are not in education, employment or training" during the third quarter of 2011.  This is 137,000 higher than the same period last year.  To solve this problem, the new program, with a £1 billion (€1.2 billion) budget, proposes the following measures: 
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puty Prime Minister Nick Clegg and Minister for Employment Chris Grayling presented their new Youth Contract to tackle youth unemployment, which has been building up for much of the past decade. Indeed, Department for Education figures show 1,163,000 young people in this age group are not in education, employment or training” during the third quarter of 2011. This is 137,000 higher than the same period last year. To solve this problem, the new program, with a £1 billion (€1.2 billion)...

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