Juncker Commission makes 1 billion euro available for the young unemployed

Today the European Commission proposes to make 1 billion euro from the Youth Employment Initiative available as early as this year. This change will increase by up to 30 times the pre-financing Member States receive to boost youth employment - reaching up to 650 000 young people and helping them get into work, faster.

The first priority of this Commission is to strengthen Europe's competitiveness, stimulate investment and create jobs. The 315 billion euro Investment Plan can create millions of new jobs – not least for young people. But even when new jobs are created it is often very difficult for young people to successfully enter the job market. This is why the Youth Employment Initiative (YEI) focuses particularly on getting young people back into work or training. All Member States have committed to the "Youth Guarantee": to provide young people under 25 with a quality job offer, an apprenticeship or training within four months of leaving school or losing a job. Today's announcement will help make that guarantee a reality, in line with the Commission's commitment in its 2015 Work Programme.

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