15 Aug 2009

Govt happy with youth job scheme uptake

10:07 pm on 15 August 2009

The Government says it is satisfied with the early progress of a new youth job scheme.

Some 203 lowly-skilled young people have been offered jobs by businesses since the subsidised placement scheme was unveiled about two weeks ago.

The scheme gives employers a $5000 subsidy of wages paid for six months to up to 4000 young people.

The unemployment rate for those aged between 15 and 24 is currently 16.3%, nearly three times the overall rate.

Social Development Minister Paula Bennett told Nine to Noon she is happy with the uptake so far.

Ms Bennett says placement numbers have been high in Auckland, Taranaki, Waikato and on the East Coast.