The new Nottingham Jobs Fund will provide job placements primarily to help 18 to 24s, who are finding it particularly difficult to get on the jobs ladder in this difficult economic climate.
The last time this scheme ran, the City achieved securing employment for approximately 1000 people, with periods of employment lasting on average around a year. So, is the scheme worth it?
For example, the Council plan to spend £1.5m on the new scheme. Assuming the scheme secures employment for a further 1000 people, would it be worth it? It equates roughly to £1500 per person.
Nottingham City Council is committed to reducing unemployment in the City (heard the cheesy "get Not-ting-ham working" radio campagin, annoying, right?!), with a commitment to pay up to half of each participant's salary.
Increased employment would lead to a decrease in benefit claims and arguably a decrease in crime, an increase in tax revenue and hopefully more local services/better local services. This can surely only be a good thing? What say you?!
We're all for reducing unemployment. If you were one of the people secured a job through the Jobs Fair event, let us know your thoughts below. Was it worth it? Or were you financially better on benefits?
As the ad goes, "get Not-ting-ham working."
PS. Keep your eyes pealed for our upcoming discount and freebies...
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