New Deal

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New Deal

a government programme introduced in 1998 aimed at reducing youth UNEMPLOYMENT and long-term unemployment amongst older workers. Persons qualifying for the youth scheme must be aged between 18-24 and have received the JOBSEEKERS ALLOWANCE for at least 6 months. Participants in the scheme are offered support and advice in seeking paid work for 4 months (the ‘Gateway’ period). After this if they are still unemployed they are placed on one of 4 options; (1) subsidized employment (2) work with a voluntary organization(3) work with an environmental task force (each of the options lasts 6 months) or (4) a one year training or education course.

Persons qualifying for the long-term unemployed scheme must be aged 25 or over and have received the jobseekers allowance for at least two years.

Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

New Deal

a government programme introduced in 1998 aimed at reducing youth UNEMPLOYMENT and long-term unemployment amongst older workers. Persons qualifying for the youth scheme must be aged between 18 and 24 and have received the JOBSEEKERS ALLOWANCE for at least six months. Participants in the scheme are offered support and advice in seeking paid work for four months (the ‘Gateway’ period). After this, if they are still unemployed, they are placed on one of four options:
  1. subsidized employment;
  2. work with a voluntary organization;
  3. work with an environmental task force (each of these options lasts six months); or
  4. a one-year training or education course. Persons qualifying for the long-term unemployed scheme must be aged 25 or over and have received the jobseekers allowance for at least two years. See SUPPLY-SIDE ECONOMICS.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Rulings invalidating the administration's wrong-headed efforts to prop up wages and prices did, however, allow FDR to make the Supreme Court a convenient scapegoat for the First New Deal's policy failures.
Lipa is the first New Deal for Musicians programme to be included on the web site and helps students train as musicians,DJs and singers and gain other jobs in the music industry.
The proposed contract is a major vote of confidence from McCarthy and is the first new deal the Yorkshireman has handed out to one of his first-team players.
The first New Deal, after all, was won only after a century of struggle.
Only in a 1966 memoir, The First New Deal (New York: Harcourt Brace), did his speechwriter Raymond Moley (1966) blow the whistle on his old boss.
A meeting at Deedmore Road Primary, Petitor Crescent, Henley Green, marked the end of the first New Deal for Communities chapter in Wood End, Deedmore Road, Manor Park and Henley Green.

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