Hiring subsidies for youth under 26

The Recovery and Resilience Facility is financing 84% of the hiring subsidies for young people below 26 (i.e. EUR 803 million). Employers hiring a young person below 26 receive up to EUR 4,000 per year for a full-time contract. In the context of the French Recovery and Resilience Plan, 337,000 young persons had benefited from the scheme by the mid-2021. This support scheme is one of the key measures of the youth plan “1 jeune, 1 solution” launched in the summer of 2020 to provide each young person in the country with an adequate solution addressing his or her needs, be it education, training or employment, coaching or financial support. Overall, the Facility supports 75% of “1 jeune, 1 solution”.

More information can be found on the website of the authority here and on the dataset here