Youth Employment Fund Creating Jobs
More Than 5,700 Young People Find Jobs, Gain Work Experience
Ontario's Youth Employment Fund is helping young people across the province get training, find jobs and gain valuable work experience.
Since launching in September 2013, the fund has helped employers across Ontario offer 5,792 four- to six-month job and training placements to young people looking for employment. The fund is well on its way to meeting its two-year target of creating 25,000 job opportunities.
Under the fund, Ontario is providing up to $7,800 to cover a range of supports and services for each eligible young worker. That includes up to $6,800 to help cover wage and training costs, and up to $1,000 to help young workers pay for job-related costs like tools and transportation to work. Eligible youth aged 15 to 29 and employers can apply online to access the fund through Employment Ontario's Employment Service.
The fund is part of the Ontario Youth Jobs Strategy, which is helping more young people find work or start their own businesses, and ensure that employers can find the skilled workers they need to grow their businesses. The province is investing $295 million over two years through the strategy to create employment opportunities for 30,000 young people aged 15-29.
Helping young people find jobs and gain valuable work experience is part of the Ontario government's plan to to invest in people, build modern infrastructure, and support a dynamic and innovative business climate.
- Since its launch, the Youth Employment Fund has created an average of 386 job placements per week.
- The fund is available in all regions of the province with greater support for communities with higher youth unemployment.
- The fund also provides support to youth facing multiple barriers to employment, including Aboriginal youth, recent immigrants and visible minorities, youth with disabilities, rural and northern youth, and youth leaving care or on social assistance.
- Earlier this week, Ontario launched a Youth Jobs Strategy advertising campaign.
“The strong early results of the Youth Employment Fund shows the importance of connecting young people in Ontario with the job opportunities and skills training they need to succeed and contribute to our economy. By targeting a broad range of ages, abilities and backgrounds, this fund and the Youth Jobs Strategy help more youth put their talent to work and build a brighter, stronger future for Ontario.”