Government announces extension of DWP/REC Jobsearch scheme
It has been confirmed that the Government has granted an extension to the Jobsearch scheme for high end job seekers which the REC has been undertaking under the auspices of the Department of Work and Pensions.
Following discussions between the REC and the DWP last week, it has been decided the scheme which has helped tens of thousands of executive level jobseekers over the past 15 months will continue until March next year.
This is one of the few work initiatives the new coalition Government has decided to maintain while at the same time under its austerity drive, it is withdrawing other high profile job schemes such as the Future Jobs Fund.
Commenting on the Government’s decision to continue Jobsearch for another six month, Tom Hadley, the REC’s Director of External Relations said:
“This is an endorsement of both the credence and success of the scheme in giving high end jobseekers the best support and advice possible from our participating members to help them get back into work.
“Many of those jobseekers who have already embarked on the scheme had been made redundant as a result of cutbacks in sectors such as the banking and finance industry. With the forecast swingeing cuts now about to happen in the public sector, the need for this scheme to be extended further has never been more crucial.”
“Though the scheme will be operated at a reduced rate to reflect the current economic circumstances, it is extremely positive news for us that Ministers have recognised the value of Jobsearch and the valuable contribution that private recruitment professionals play in the overall employment landscape.
“We will continue to build links with incoming Ministers, Jobcentre Plus and also initiatives being created under the Government’s work programme to ensure we continue to take a proactive role in getting increasing numbers of people into work.”