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St Helens council offers graduate job funding
Wednesday, 12 August 2009
A new £500,000 subsidy from the local authority in St Helens could see up to 100 graduates find paid work placements in the current economic climate.
Some 30 of the successful applicants to the scheme will be given six-months work at a rate of £215 a week, which is aimed to help increase their employability when looking for a graduate job after the stint finishes, St Helens Star reports.
A £398,000 portion of the funding will go to local businesses to encourage them to take on more graduates at the height of the recession, while other university leavers could find themselves in positions at St Helens Council itself.
Council leader Brian Spencer was reportedly moved to offer the money after being told about the scarcity of graduate jobs at the moment, with degree-holders having to face off competition from experienced workers.
The Yorkshire Post recently reported that the Sheffield City Council set a scheme up to help those who are having trouble finding employment during the current economic climate, such as graduate job hunters.