Employment: Commission proposes rules to make Youth Employment Initiative a reality
EU News 129/2013
Brussels, 12 March 2013
The European Commission has proposed operational rules to implement the Youth Employment Initiative to combat youth unemployment. The Youth Employment Initiative was proposed by the 7-8 February 2013 European Council with a budget of €6 billion for the period 2014-20.
The Youth Employment Initiative would particularly support young people not in education, employment or training (NEETs) in the Union's regions with a youth unemployment rate in 2012 at above 25%. It would focus on integrating NEETs into the labour market.
The money under the Youth Employment Initiative would therefore be used to reinforce and accelerate measures outlined in the December 2012 Youth Employment Package. In particular, the funds would be available for Member States to finance measures to implement in the eligible regions the Youth Guarantee Recommendation agreed by the EU's Council of Employment and Social Affairs Ministers on 28 February (see MEMO/13/152). Under the Youth Guarantee, Member States should put in place measures to ensure that young people up to age 25 receive a good quality offer of employment, continued education, an apprenticeship or a traineeship within four months of leaving school or becoming unemployed.
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