New subsidies for young workers

Firms that take on young workers in 20 areas with high levels of unemployment will receive improved wage subsidies, deputy prime minister Nick Clegg announced yesterday. Employers who take on 18-24 year olds classed as ‘long-term unemployed’ from these regions will now receive £2,275 per person after six months while in the rest of the country this benefit only becomes available after nine months. All the applicable areas are in Wales, Scotland or the north of England.