Apprenticeships will be available in areas including business administration, events organisation, customer service, construction and health and social care.
Some of the apprenticeships will be offered with local authorities' contractors, as part of big projects such as the Olympics and the construction of Crossrail.
Liberal Democrat councillor James Kempton, who is also executive member for children and young people at lobby group London Councils, said that apprenticeships could help young people weather the economic downturn.
He said: "It is crucial to increase the number of apprenticeships to reduce the number of young people who are not in education, employment or training to help give them the best possible start in life."
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