Coronavirus: Firms to be paid £1,000 bonuses to hire young people as part of economic recovery

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Coronavirus: Firms to be paid £1,000 bonuses to hire young people as part of economic recovery
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Chancellor Rishi Sunak is set to unveil a raft of big-spending measures aimed at creating thousands of jobs.

The government is concerned that many of the people who have lost their jobs during the pandemic are in industries such as hospitality where the bulk of employees are under 30 and many under 25.

As part of the new traineeships, which will last from six weeks to six months, young people will receive maths, English and CV writing training as well as guidance about what to expect in the workplace.Evidence shows that three-quarters of 18 to 24-year-olds who complete traineeships move on to employment or further study within 12 months.

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