The Youth Guarantee is a new approach to tackling youth unemployment which ensures that all young people under 25 – whether registered with employment services or not – get a good-quality, concrete offer within 4 months of them leaving formal education or becoming unemployed. More than 350 youths aged between 16 and 25 are expected to benefit from the scheme. Approximately 5,800 under the age of 25 are unemployed. The good-quality offer should be for a job, apprenticeship, traineeship, or continued education and be adapted to each individual need and situation. Malta like all other EU countries endorsed the principle of the Youth Guarantee in April 2013.
Developing and delivering a Youth Guarantee scheme requires strong cooperation between all the key stakeholders: public authorities, employment services, career guidance providers, education & training institutions, youth support services, business, employers, trade unions, etc. Early intervention and activation are key and, in many cases, reforms are needed, such as improving vocational education and training systems.
EU countries are currently developing national Youth Guarantee Implementation Plans. The European Commission is helping each country to develop its plan and set up the Youth Guarantee scheme as soon as possible. The Commission also facilitates the sharing of best practices between governments.