Cabinet okays EU-funded initiatives to create over 14,000 jobs

A total of 14,460 new jobs are set to be created in the next few months within three EU-funded projects that are designed to boost youth employment, according to a government decision dated Wednesday, August 1.

A total of 14,460 new jobs are set to be created in the next few months within three EU-funded projects that are designed to boost youth employment, according to a government decision dated Wednesday, August 1.

Based on an agreement between the cabinet and the European Commission, funding worth €70 million will be divvied up among the transport sector, small and medium-sized enterprises, and the area of community work. First, a total of €10 million will flow into training and employment for 2,000 people in the transport sector. The TASR newswire quoted Labour Minister Ján Richter as saying that these new jobs would last for at least 30 months.

An additional 7,500 jobs for young people lasting a minimum of 18 months will be up for grabs in micro-, small and medium-sized companies with fewer than 250 employees. A total of €40 million will be spent to allow jobless people aged 15-29 to find work in such enterprises.

Finally, community work for villages and municipalities is envisaged to bring nearly 5,000 new jobs, at a cost of €20 million. The European Commission has agreed that the target group in the latter scheme should include, among others, people over 50 years of age.

According to the government's agreement with the EC, salaries within the schemes should exceed the minimum wage. While the state will cover pay amounting to the minimum wage, any sums above this will be financed by the employers concerned. Such amounts will depend primarily on the qualifications of new staff members.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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