The Lib Dems in Government are taking real action to tackle youth unemployment. Every young person who wants it will be guaranteed a job, training or work placement.
The Youth Contract will create over 400,000 new jobs and 250,000 new work experience placements to help young people across Britain to get into work.
Deputy Prime Minister Nick Clegg MP said, "If people are out of work when they're young they bear the scars for decades. If they have a false start, they might not ever fully catch up.
"This £1 billion investment will make sure our young people are earning and learning again, before long-term damage is done."
The Liberal Democrats are determined to tackle youth unemployment - an issue that has been ignored for too long.
During Labour's 13 years in power, youth unemployment rose by nearly 40%. There was a shocking 86% increase in the number of 18-24 year olds claiming Job Seekers Allowance.
Esher and Walton Chairman Mike Smith added, "Our new plans will make sure every young person has a fair chance. Thanks to the Lib Dems in Government, 275 learners in Elmbridge took on an apprenticeship in the past year to gain key skills, and now the 3.7% of young people in our area on Job Seekers Allowance will get extra support to help them into work too."
The £1 billion new investment to tackle youth unemployment includes:
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