Rudd Government’s $1bn boost for young workers
The Daily Telegraph
February 17, 2009 12:01am
- One-third of apprentice wages subsidised
- Help for school, uni leavers
- Hope for apprentices to lead recovery
THE Federal Government is preparing to subsidise apprentice wages by up to a third in its latest bid to stem a flood of workers on to the dole queue.
Thousands of school and university leavers will also be offered assistance to find work under plans for a “jobs compact”, Sydney’s Daily Telegraph reported.
Companies hoping to win infrastructure contracts may be forced to take on young workers as the Government pushes for an apprentice-led recovery.
With the economic meltdown forcing bosses to shed thousands of staff, Prime Minister Kevin Rudd is finalising a new jobs and training package.
The plan is expected to cost at least $1 billion, with some sources claiming it could spiral closer to $2 billion. It is likely to be unveiled next week and forms another plank in the Government’s big spending plan to stave off recession.
gerry's blogistic digression 