The Youth Employment Initiative with 8.8 bilion euro for 2014-2020
It was launched to provide support to young people living in regions where youth unemployment is higher than 25%
- February 10, 2018 18:45, 2459 impressions
- Monika Dimitrova
The Youth Employment Initiative exclusively supports young people who are not in education, employment or training, including the long-term unemployed or those not registered as job-seekers. It ensures that in parts of Europe where the challenges are most acute, young people can receive targeted support.
The YEI is one of the main EU financial resources to support the Youth Guarantee. Typically, the YEI funds the provision of apprenticeships, traineeships, job placemnets and further education leading to a qualification. The total budget of the Youth mployment Initiative, for all eligible EU Member States is €8.8 bilion for the period 2014-2020.