CANBERRA, 9 March, 2021 (TON): In an attempt to stop unemployment of the young workers in Australia, the government tends to fund apprenticeships.
On Tuesday, the Australian PM Scott Morrison announced that the government would spend at least 1.2 billion Australian dollars over the next year subsidizing part of the wages for 70,000 new apprentices.
Morrison said, "Creating jobs, generating economic opportunities, and boosting the skills of workers right across Australia are at the heart of our National Economic Recovery Plan, as we build back from the COVID-19 recession."
"Last week's National Accounts showed the comeback of the Australian economy is underway, however many businesses still need support and it's important our apprentices and trainees get opportunities to boost their skills and stay employed," he added.
The number of employed Australians in their 20s was down 2.5 percent in February compared to February 2020, as per ABS (Australian Bureau of Statistics).
However, powerful business groups have called on the federal government to increase incentives for employing young Australians.
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