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UK's £1 Billion Youth Jobs Grant Faces Criticism

3/18/2026

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Story summary
  • The UK government announced a £1 billion Youth Jobs Grant and expanded jobs guarantee to address nearly one million NEETs.
  • The Institute for Fiscal Studies warned the plan would exclude about 300,000 people not required to seek work due to health issues.
  • The IFS estimates the scheme will create about 50,000 jobs per year and reduce the NEET rate from 12.8% to 12.1%, indicating a limited impact.