HM Treasury have published A progress update setting out how the Plan for Jobs has supported millions of people, and will continue to support people into work and develop their skills.
The OBR forecast an unemployment peak of just 6.5% rather than the previously expected 12%, meaning 2 million fewer people unemployed than expected. And with the number of people in jobs having increased for 8 consecutive months.
The Restart scheme is giving long-term unemployed people on Universal Credit the support they need to re-enter the workforce and find jobs in their local area.
Kickstart has seen over 63,000 young people start a job.
£650bn will be invested into a programme of infrastructure projects – supporting 425,000 jobs a year over the next four years.
More than 85,000 new apprentices have been hired under the incentives payments scheme – with 75% under the age of 25.
The number of traineeships for 16–24-year-olds has tripled, with more than 17,000 benefitting.
For the full report see:
