In April 2013, EU Ministers adopted a Council recommendation on establishing a Youth Guarantee, which sets out in detail the measures and reforms to be put in place in order to ensure that everyone under 25 gets a real chance to get a foothold in the labour market.
Most elements of the Youth Guarantee can be co-financed by the European Social Fund (ESF), such as provision of job-search support or training, extension and modernisation of apprenticeship systems, hiring subsidies or traineeship grants.
Moreover, regions from 20 Member States are eligible for additional funding from the Youth Employment Initiative (YEI) due to their high youth unemployment rate (more than 25% in at least one region). Their governments were requested by the European Council to submit their Youth Guarantee implementation plans by the end of 2013.
Member States with no regions eligible for the YEI are due to submit their plans by early 2014.
Read the memo released today for more information on the state of play and the next steps on the Youth Guarantee implementation plans, as well as on the ESF and YEI support for the Youth Guarantee.