PORTUGAL. The Youth Employment Initiative (YEI) exclusively supports young people not in employment, education or traini
The Youth Employment Initiative PORTUGAL The Youth Employment Initiative (YEI) exclusively supports young people not in employment, education or training in regions experiencing youth unemployment rates above 25%. The European Commission proposes to advance funding of one billion euros from the Youth Employment Initiative (YEI) specific allocation to eligible EU Member States. This proposal now needs to be approved by the Council and the European Parliament. It proposes to increase the YEI pre-financing rate up to 30%, currently it is at 1-1,5%. This would facilitate the flow of money and thus speed the implementation of measures on the ground to help young people not in employment, education of training (NEETs). In Portugal the YEI specific allocation represents € 160,772,169 for the period 2014-2015 (matched by the same amount from the ESF). The YEI is part of the Social Inclusion and Employment programme adopted in December 2014. The increased pre-financing will reach € 48,231,651. All YEI measures will target young people directly. Some examples of measures which the funding can support are: Direct support for high-quality traineeships and apprenticeships; Provision of first job experience (placements for at least 6 months); Start-up support for young entrepreneurs (mentoring and access to finance); Quality vocational education and training.
Eligible NUTS2 regions (Source : EUROSTAT, DG Empl)
Unemployment rate:
13.4%
Specific allocation to YEI: Pre-financing from the YEI specific allocation (without increase): Pre-financing from the YEI specific allocation in 2015 (after increase):
Employment, Social Affairs & Inclusion
Eligible
Not eligible
Youth unemployment rate:
€160,772,169 €1,607,722 €48,231,651
34.5%
Unemployment rate (%), December 2014 Portugal: 13.4%
20 9.9
6.6
EL
25.8
ES
23.7
FI
Source: Eurostat 2015
Employment, Social Affairs & Inclusion
4.8
Guyane
EE
Mayotte Réunion
8.9
FR
10.3
AçoresHR
Madeira 16.4
HU
7.3
IE
10.5
IT
12.9
LT
9.4
LU
5.9
LV
10.7
MT
5.8
NL
6.7
PL
8.0
PT
13.4
RO
6.4
SE
7.8
SI
9.7
SK
12.5
UK
5.9
EU28
9.9
EU19
11.3
Youth (under 25s) unemployment rate (%), December 2014 Portugal: 34.5%
>50
9.0
BE
21.9
BG
21.6
CY
32.8
CZ
14.3
Canarias
40-50
DK
30-40
GuadeloupeDE Martinique
20-30 10-20 5-10 EU28
AT
11.0 Guyane
7.2
EE
13.4
EL
50.6
ES
51.4
FI Mayotte Réunion21.2
21.4
Source: Eurostat 2015
Employment, Social Affairs & Inclusion
FR
25.2
AçoresHR
Madeira 44.8
HU
18.9
IE
21.6
IT
42.0
LT
16.5
LU
18.2
LV
20.2
MT
13.2
NL
9.6
PL
22.6
PT
34.5
RO
23.3
SE
22.5
SI
24.1
SK
28.9
UK
16.7
EU28
21.4
EU19
23.0
Rate of young persons not in employment, education or training (NEETs) - 2013 (%)
> 20
7.1
BE
12.7
BG
21.6
CY
18.7
Canarias
10-20 5-10 EU19 EU28
AT
CZ
9.1
DK
6.0
GuadeloupeDE Martinique
12.8 13.0
Guyane
6.3
EE
11.3
EL
20.4
ES
18.6
FI Mayotte Réunion 9.3 FR 11.2
Source: Eurostat 2014
Employment, Social Affairs & Inclusion
AçoresHR
Madeira 19.6
HU
15.4
IE
16.1
IT
22.2
LT
11.1
LU
5.0
LV
13.0
MT
10.0
NL
5.1
PL
12.2
PT
14.1
RO
17.2
SE
7.5
SI
9.2
SK
13.7
UK
13.3
EU28
13.0
EU19
12.8
