In a speech at the CBI’s Jobs Summit, Nick Clegg said the government had found the country’s 20 areas with the highest rates of long-term youth unemployment and the lowest rates of return.
In these areas businesses that take on young people will be offered subsidies of up to £2,275 for each young person who has been unemployed for six months, compared with the nine-month restriction in the rest of the country.
Clegg said: “Youth unemployment is a national problem but it is more acute in certain places. Maybe inner city areas with high levels of disadvantage; rural communities where businesses are struggling to take people on; former mining towns at the sharp end of industrial decline.
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