Улаанбаатар
5,000 young people to receive skills training for employment this year
Society
Ulaanbaatar /MONTSAME/ At its regular meeting on March 10, the Cabinet approved the Training Youth for Employment project. As part of the project, 1,000 young people aged between 18 and 34, who have been out of work for the last three months, but are willing to change their lives, will be monthly offered a month-long skills training courses with a grant of MNT 1 million.
Information about the project will be provided to the public at least 10 days ahead of the submission days. Those interested are allowed to apply virtually or in-person. Aimag and district Labor and Welfare Service Departments, Family, Youth and Child Development Agency and its departments will be in charge of the registration.
Director of the General Agency for Labor and Welfare Services will approve the guidelines for registering and interviewing applicants and selecting best fit applicants. Those selected will be tested for COVID-19 and undergo a medical examination and afterwards will be brought to the training site.
The project is aimed at supporting young people in having a job and income by promoting healthy and active lifestyles and providing career guidance. Around MNT 11.8 billion, required for this year’s project will be earmarked from the Employment Promotion Fund within the budget of the Minister of Labor and Social Protection.
Moreover, employers and employees who provided those involved in the project with a stable job within a year will be given an incentive equaling one-year social insurance contribution or 21 percent of annual minimum wage. The funds necessary for this plan will be annually earmarked in the state budget from 2022.
The Cabinet ordered general budget governors to consider provisions on youth employment when establishing agreements with companies and organizations selected to carry out budget-funded projects and other activities.
31 percent of the population or 46 percent of the working age population in Mongolia are young people aged between 15 and 34. Statistics show that 51 percent or roughly 47 thousand of the 92 thousand unemployed people in the country are young people aged between 18 and 34.
