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The U.K. government is set to announce a GBP 1 billion scheme to create jobs mainly for the youth in the public sector, reports said Wednesday citing Work and Pensions Secretary Yvette Cooper.
The scheme will remove 150,000 persons from the unemployment registers over the next two years, with the scheme mostly to be funded by councils, quangos and charities. In the first stage, about 47,000 jobs would be created costing GBP 300 million, the Secretary reportedly said. Most of the new vacancies would be filled by the 18 to 24 year olds, with the openings mainly for sports coaches, classroom assistants and social careers.
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