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International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 21:10

More than 14,000 jobless Latvians receive support under the Youth Guarantee program

BC, Riga, 14.08.2017.Print version
The EU Youth Guarantee project implemented by the Latvian State Employment Agency so far has provided support to 14,616 young people, said the agency’s director Evita Simsone in a press conference on August 11th, cites LETA.

She said that by 2018, support will provided in total to 19,000 unemployed, aged 15-29.

 

According to Simsone, most often young people are unemployed because of their education level as only 16 percent of the program’s participants have higher educations, 32 percent have professional education, 26 percent have general secondary education, 23 percent have elementary education and 3 percent had not completed even elementary education level.

 

Welfare Minister Janis Reirs (Unity) said in a press conference that the Youth Guarantee project helps to break the vicious circle when a young person may not get a job because of the lack of experience, while experience cannot be obtained if there is no job.

 

Reirs reminded that the Youth Guarantee project has been successful in Latvia, and the EU suspended further financing to Latvia for the project because Latvia’s youth unemployment level is not above the average in the EU any more. The youth unemployment level in Latvia has dropped to 18%.

 

The minister also said that the State Employment Agency and the Welfare Ministry have reached an agreement that the EU project will continue until the end of next year, and after that it will be continued on the national level and the state budget will finance support to the young unemployed people.

 

The total financing in the Youth Guarantee program in 2014-2018 is EUR 33,977,163.






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