The Evening Standard is reporting that young Londoners believe internships and apprenticeships are vital for career success and want more to be provided.
The study, on behalf of Citi Foundation, found that 60 per cent of young people saw such posts as critical, but 40 per cent of those questioned said there were not enough opportunities.
The Global Youth Survey 2017 was part of research for the global bank alongside its Pathways to Progress initiative. It also found that nearly 51 per cent of young people in the capital aspired to be entrepreneurs, yet only eight per cent did such work.
The findings were published as the Citi Foundation announced a three-year $100 million (£80 million) commitment to help 500,000 young people around the world into work.
The plan aims to reduce youth unemployment and give more opportunities to people from low-income backgrounds through initiatives including apprenticeships. The expansion of the Pathways to Progress initiative in Britain, the largest philanthropy commitment ever made by the Citi Foundation, will include support for several projects, including the Mayor of London’s Entrepreneur Awards, supporting London’s students with a business idea to reduce the capital’s energy use and carbon emissions.
It will also work with the Career Ready charity to help students from lower-income families to develop confidence, skills and networks.
Do you think we need more plans like this? Let us know your thoughts in the comments below or on Twitter. ~ Sophie
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