The government is making more than £1.5bn available over the Spending Review period for investment in employment and skills support.
This funds £820m for the Youth Guarantee, which includes offering a guaranteed six-month paid work placement to every eligible 18- to 21-year-old who has been on Universal Credit and looking for work for 18 months.
It also includes £725m for the Growth and Skills Levy to help support apprenticeships for young people, including a change to fully fund SME apprenticeships for eligible people under 25.
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