Several of the UK's largest retailers have signed up to a new government initiative aimed at getting jobless young people into work. The scheme, announced by the Department for Work and Pensions, will see companies such as Tesco, Sainsbury's, and Marks & Spencer offer positions to 18-24 year olds who have been out of work for at least six months.
Details of the partnership
The program, called 'Retail Futures', is designed to provide paid work placements and training opportunities. Participants will receive on-the-job training in customer service, logistics, and management. The government will subsidize wages for the first six months, covering up to 50% of the salary.
According to the Department for Work and Pensions, over 500,000 young people in the UK are currently not in education, employment, or training (NEET). The retail sector, which employs around 3 million people, is seen as a key area for job creation.
Industry and government reactions
Work and Pensions Secretary Mel Stride said: 'This partnership with leading retailers is a vital step in giving young people the skills and experience they need to build a career. We are committed to breaking down barriers to employment.'
Helen Dickinson, chief executive of the British Retail Consortium, welcomed the initiative: 'Retail offers diverse career paths, and this scheme will help young people gain valuable experience while addressing skills shortages in the sector.'
The scheme will initially run for two years, with the possibility of extension. Participating retailers have committed to providing at least 10,000 placements across the UK.
