The Community of Madrid launches My First Job program

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

The Community of Madrid will launch My First Job, a program so that young people under 30 years of age and enrolled in the National Youth Guarantee System can access their first work experience or reintegrate into the labor market if they are of a long-term unemployed duration.

Thanks to My First Job, the self-employed, companies and private non-profit entities will be able to benefit, starting this autumn, from this line of aid of up to 1,000 euros per month to cover the costs of hiring the young person during a period of six months. The total amount of aid can be increased by 500 euros if the young people hired are women.

In the case of long-term unemployed youth, in order to benefit from this program they must have been registered as unemployed claimants for at least 180 days during the last year.

Each employer may benefit from these grants from the Community of Madrid for each young worker hired, and up to a maximum of ten contracts per year. In addition, if after the first six months have elapsed the contract becomes full-time indefinite, the Community of Madrid will offer an additional incentive of 3,000 euros.

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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