AS UNEMPLOYMENT FALLS AGAIN – SIGNIFICANT YOUTH JOBS INVESTMENT UNVEILED FOR FALKIRK DISTRICT
Wednesday, 12 June 2013 22:05
YOUTH UNEMPLOYMENT AMONG LOWEST IN EUROPEAN UNION
The SNP have today welcomed an investment package of almost £90m to tackle youth joblessness across Scotland, including £805,000 for Falkirk district, bringing with it 250 jobs.
The £87.85 million investment - bringing together cash from the Scottish Government, local councils, Cosla, the European Commission and employers – is expected to support 10,000 young people into work across Scotland.
An additional 3,000 jobs are expected to be created in small business around the country for workers of all ages.
The announcement comes on the day that labour market figures show unemployment in Scotland fell for the seventh consecutive month to 7.1% - while the UK figure remained static at 7.8%. The statistics show the headline employment level rose by 47,000 between February and April – an increase of just over one per cent to 72.2%, compared to the UK which fell by 0.1% to 71.5%.
Youth unemployment fell by 6.1 percentage points over the year to February to April 2013, meaning Scotland now has one of the lowest youth joblessness rates from across the EU.
Commenting, Falkirk East MSP Angus MacDonald said:
"This £88 million investment in jobs for young people is fantastic news and falls in line with the SNP’s commitment to give every young person in Scotland the opportunity to work and make their contribution to society.
“It’s also great to see how small and medium sized businesses will benefit in their ability to recruit young people and build capacity for economic growth.
“The huge emphasis that the SNP Government has placed on tackling unemployment – particularly youth unemployment – is paying off with another set of encouraging figures.
“But it is vital that we keep up this momentum and the significant announcement today will ensure that employers have the right help in place to take on more young staff and grow their business.”