Andrew Hunter, co-founder of Adzuna, commented: “Today’s well-intentioned statement aims to fill some of the remaining cracks in the jobs market, by giving our youth a boost, and making the most of their potential.
“Financial support for masters and postgraduate students is a move in the right direction in solving the skills shortage – which is still holding back the recovery in sectors like IT and Manufacturing. The hope is it will attract more young talent into higher education, widening our skilled workforce. Tax breaks for businesses employing young apprentices will also serve to nurture talent. Combined, both measures should go some way to alleviating youth unemployment, setting us further ahead of our European competitors on that score.”