Almost £1billion will be spent over the next three years to provide unemployed young people with extra help as part of a new “Youth Contract”, Deputy Prime Minister Nick Clegg and Employment Minister Chris Grayling announced today.

The Youth Contract will provide nearly half-a-million new opportunities for young people, including apprenticeships and work experience placements. It also marks a substantial increase in the support and help available to young people through the Work Programme, Jobcentre Plus and Sector-Based Work Academies.

This package follows extensive discussions with businesses about the practical help Government can provide to make it easier for them to take on fresh talent.

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