Youth Employment Fund Creates More Than 10,000 Jobs
Ontario Government Helping Youth Gain Valuable Training and Experience
Ontario's Youth Employment Fund has helped more than 10,000 young people find jobs, get training, and gain valuable work experience.
Launched in September 2013, the fund is helping employers offer four- to six-month job placements for young people looking for work, particularly those facing multiple barriers to employment. With 10,706 jobs created to date, the fund is well on its way to meeting its two-year target to provide 25,000 job opportunities for Ontario youth aged 15 to 29.
Part of Ontario's Youth Jobs Strategy, the province is providing up to $7,800 to support each eligible worker through the fund. That includes up to $6,800 to help cover wage and training costs, and up to $1,000 to help pay for job-related costs like tools and transportation to work.
The Youth Jobs Strategy is part of the government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strengths -- its people and strategic partnerships.
- More than 5,000 employers across the province have received support through the fund to provide youth with employment opportunities.
- Of the 1,200 Youth Employment Fund clients who have completed their job placements, 84 per cent have either been retained or gone on to further employment elsewhere.
- Eligible youth aged 15 to 29 and employers can apply online to access the fund.
- The fund 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.
- Ontario is investing $295 million over two years in the Youth Jobs Strategy to help 30,000 more young people from across the province connect with the tools, experiences and entrepreneurial support they need to find employment or start their own businesses.
“The Youth Employment Fund is helping Ontario’s young people build valuable skills and access job opportunities that will lay the groundwork for successful careers. I’m thrilled that more than 10,000 youth of all abilities and backgrounds have already benefited from this important program and I look forward to our impressive team of Employment Ontario partners continuing to work with businesses across the province to help young people build a brighter future for Ontario.”