Youth employment: Commission welcomes Council agreement on Youth Guarantee

6 billion euros have been earmarked for the Youth Employment Initiative to help the young unemployed. Now, with the Youth Guarantee, young people have a real chance of a better future. I call on Member States to translate this agreement into concrete action as swiftly as possible."

Commissioner Andor said "Given the record numbers of young jobless, I am very pleased that the Council has approved the Youth Guarantee proposal so quickly. It is crucially important that Member States urgently put in place measures to make the Youth Guarantee a reality and so to urgently get young people into work. EU funds can help but they also need to invest their own money to avoid higher costs in the future."