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Published on March 22nd, 2011 | by Jenna Davies
Image © “Britain has to start making things again.” This is what Chancellor George Osbourne has said in light of this week’s budget. And, quite encouragingly, one particular area of focus is the younger generation and the aim to get more young people into work. This comes after unemployment amongst under 24’s hit a 17 year high last week when it was reported that 974,000 young people were out of work in the 3 months to January. The Chancellor says the money that the new government has raised from taxing the banks will be used to help jobless young people find work. It will certainly be a step in the right direction, although it will be interesting to know the strategy that will be undertaken. It’s expected that 50,000 new apprenticeships will be announced, funded by a £300 million ‘pro-growth’ package. Should this be the case then we could see thousands of young people with solid career prospects and it will be a blessing for those leaving school or college who can’t afford to go to university. However that still leaves 924,000 unemployed youngsters out there… And is it likely that those graduating from university will land in a company relevant to their course and secure a paid job? Chancellor George Osbourne will take to the lectern in the Houses of Parliament to make his speech at 12.30 tomorrow.

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Budget 2011: Young People’s Budget?

“Britain has to start making things again.” This is what Chancellor George Osbourne has said in light of this week’s budget. And, quite encouragingly, one particular area of focus is the younger generation and the aim to get more young people into work. This comes after unemployment amongst under 24’s hit a 17 year high last week when it was reported that 974,000 young people were out of work in the 3 months to January.

The Chancellor says the money that the new government has raised from taxing the banks will be used to help jobless young people find work. It will certainly be a step in the right direction, although it will be interesting to know the strategy that will be undertaken. It’s expected that 50,000 new apprenticeships will be announced, funded by a £300 million ‘pro-growth’ package. Should this be the case then we could see thousands of young people with solid career prospects and it will be a blessing for those leaving school or college who can’t afford to go to university. However that still leaves 924,000 unemployed youngsters out there… And is it likely that those graduating from university will land in a company relevant to their course and secure a paid job?

Chancellor George Osbourne will take to the lectern in the Houses of Parliament to make his speech at 12.30 tomorrow.

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