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September 18, 2020
ECONOMY FINANCE&BANKING

Over 47 million euros worth of European for economically inactive young people to enter labour market

A non-competitive project called INTESPO – Registration of Young People with the Public Employment Service Records, which budget exceeds 47 million euros worth of European funds, designed to help economically inactive young people enter the labour market, has been approved by the Managing Authority of operational programme human resources, the Ministry of Labour and Social Justice reported on Friday.

According to the ministry, the project aims to increase the number of economically inactive young people known as not in education, employment or training (NEETs) registered with the Public Employment Service (SPO) and identify at least 200,000 more NEETs people aged 16 to 24 years not registered with the SPO.

Included among the NEETs are young people who have failed to integrate with the labour market for various reasons (lack of employment opportunities, lack of skills required on the labour market, etc.) and not included in education or training programmes.

“Under the INTESPO project, young people with low levels of skills and those who have difficulty with social integration are particularly targeted. Out of the total of those to be identified, at least 160,000 will be registered with the SPO and they will receive information and career counselling, including profiling, and after that they will be steered toward active measures they need or to other services (the Second Chance National Formal Education Programme, the Ministry of National Education, social work services).”

The project will be implemented in 48 months on a budget of 213,636,395.25 lei (47,474,754.5 euros).

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