The Ministry of Labor has revealed 31 ways to attract young people to the labor market

Kommersant: The Ministry of Labor proposed to attract young people to the labor market with the help of practices and subsidies

The Ministry of Labor presented the Long-term program to promote youth employment until 2030, which reveals ways to attract young people to the labor market. This was reported by Kommersant.

According to the document, the ministry proposes to launch 31 events from 2022, grouped by areas, to make it easier for young people to find work. So, they are going to organize a large-scale career guidance program for young people. In addition, the department plans to improve the degree of compliance of education with employers' requirements by popularizing industrial practices and linking the demand for specialists with the target figures for admission to educational organizations, creating opportunities for combining education with work or entrepreneurship, as well as subsidizing the work of young people, vocational retraining programs and modernization of amusement centers.

It is noted that 350 thousand people will be covered annually by direct support measures, and five million by indirect ones. According to the latest data, the share of the employed in the age category from 15 to 29 years old is 50 percent, and in the group of 15-24 year olds – 27 percent. At the same time, the unemployment rate among young people is higher than the average for the economy: it is 16.2 percent for people aged 20-24 and 7.4 percent for 25-29-lazy people.

Earlier it was reported, that in September, unemployment in Russia fell to a record low of 4.3 percent from 4.4 in August. According to the Rosstat report, the level repeated the historical minimum of August 2019. In September, 3.3 million people aged 15 and over were considered unemployed, in accordance with the methodology of the International Labor Organization. “The unemployment rate of the population aged 15 and over in September 2021 amounted to 4.3 percent (without excluding the seasonal factor),” the document says. Unemployment peaked in August 2020 amid the crisis caused by the pandemic. Then it approached 6.5 percent, but later began to consistently decline.