3 April 2012

Government Launches Jobs Growth Wales Initiative

Wales First Minister Carwyn Jones announced today a £75m initiative to create 12,000 new job opportunities over the next three years. Entitled "Jobs Growth Wales" is aimed at creating opportunities for unemployed young people, for a duration of a 6-month period, it follows that businesses will have the option to make the posts permanent once the period is over.

First Minister Carwyn Jones Stated: “Jobs Growth Wales is a flagship policy in our commitment to boost economic growth and jobs in Wales.  Not only will this scheme create opportunities for unemployed young people, who have suffered more than most in the recession, but these posts will also be new jobs, helping Welsh businesses to expand.”

Furthermore, the Deputy Minister for Skills, Jeff Cuthbert, detailed the context of the initiative where: “The current financial climate has led to the emergence of a growing number of 16-24 year olds who have fallen outside work or education. Jobs Growth Wales will enable individuals to gain good quality work experience to progress into permanent employment or where appropriate an apprenticeship".

It is expected that most of the jobs will be created in the private sector, nevertheless the voluntary sector will also benefit. Jobs Growth Wales, its participants will be paid at or above the National Minimum Wage for a minimum of 25 hours per week.