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6/12/2019  
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ENTERPRISES & CSR
Tackling youth unemployment in US

Hillary Clinton proposes to provide businesses with tax credits for hiring young people


Taking aim at unemployment among younger Americans, Hillary Rodham Clinton proposed this week using tax credits to encourage businesses to train young people. The program, meant to target stubbornly high unemployment rates among young Americans, would require apprentices to be registered with state or federal regulators, and make qualifying apprenticeship programs subject to standards and outcome measures, according to a senior campaign aide.
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With the youth unemployment rate remaining at about 8 percent, the need for programs that address the problem will be a priority for any presidential candidate. There is also a political benefit to addressing concerns relevant to younger voters: Millennial voters are expected to constitute as much as one-third of the electorate in 2016.

Speaking at a technical college in South Carolina, Hillary  Clinton proposed giving businesses a tax credit for each apprentice they hire. The program, she said, is focused on workers at all stages of life, not just high school students like the one who introduced her at the school.

The May unemployment rate for workers age 18 to 34 was 7.8 percent, more than 2 percentage points higher than the national average, while unemployment for young black adults was 14.6 percent.

Earlier in the day, Clinton stressed her commitment to children in rural areas, saying they should receive the same government benefits as children in urban centers.

Clinton´s campaign said the tax credit proposal would require accountability for employment and earnings outcomes for businesses receiving the credit. Apprentices would need to be registered to be eligible.

Clinton presided over a similar project at her family´s foundation called "Job One," which aimed to help young people ages 16-24 who were out of high school and unemployed. The initiative worked with companies like The Gap, JPMorgan Chase and Marriott to train and hire young people.

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16% of employed internet users reported changes in their job tasks due to new softwares
10 new projects under the LIFE funding programme for the Environment and Climate Action
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World Day Against Child Labour - 12 June
LinkedIn acquires online education company Lynda.com
Forum on the rights of persons with disabilities to promote solutions for disabled people
Microsoft launches a pilot program for hiring autistic workers
European guest photographer contest on a topic linked to development

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1 The Virtual World We Inhabit
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6 European climate emergency: EU should commit to net-zero greenhouse gas emissions by 2050
7 "Tthe study of human behaviour was political from the beginning"
8 The embryonic origin of the Cyclops eye
9 Scientists find a place on Earth where there is no life
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