THE Coalition has revealed how £50m designed to tackle youth unemployment will be shared by major English cities, some in the North-East.
The money has been split between local enterprise partnerships and includes £5.9m for Liverpool City Region; £5.8m for Greater Manchester; £5m for Sheffield City Region; £4.6m for Leeds City Region; £4.5m for the North-East; £4m in Greater Birmingham and Solihull; £3m for Nottingham; and £1.4m for the West Of England.
It will be invested over the next three years, with the Government aiming to help more than 25,000 young people into jobs.
Loading article content
House of Commons Library research, updated yesterday, states that 965,000 young people aged 16 to 24 were unemployed between July and September - down 9,000 on the previous quarter but at a similar level to the previous year.
It also shows the unemployment rate for the age group was 21.0 per cent in the three-month period, down 0.4 percentage points compared with the previous quarter but 0.3 percentage points higher than a year ago.
The Government adds that more than 136,000 young people have started a work experience placement through the Youth Contract since April 2012.
Deputy Prime Minister Nick Clegg, who will meet young apprentices from across the country in Birmingham today, said: "This is a multimillion-pound cash boost for the future prosperity of our young workforce, making our society fairer so that everyone has the chance to get on in life.
"Investment like this, paired with a determination to tackle youth unemployment by our great cities, has the genuine power to change the fortunes of young people across the region, whether its with extra training, improving education, or apprenticeships."
Cities Minister Greg Clark said: "The days of Whitehall holding all the purse strings are coming to an end. Handing power over how cities spend money is important - this way, local leaders can do whats best for the young people in their area. They know what will work and can make a real difference to their economic future by shaping the workforce of tomorrow."