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CESI London Skills & Employment Convention

CESI London Skills & Employment Convention. After the riots, what’s next?. 29 th May 2012. 60 households badly damaged, 39 households destroyed 200 businesses (57%) on High Road damaged

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CESI London Skills & Employment Convention

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  1. CESI London Skills & Employment Convention After the riots, what’s next? 29th May 2012

  2. 60 households badly damaged, 39 households destroyed 200 businesses (57%) on High Road damaged Over 95% of businesses reported loss of trade as a result of the disturbances – estimated daily loss £600 - £2k On average – 50% fall in trade, 20-30% fall by end of August Lack of confidence from businesses & residents The Impact…

  3. The Response…

  4. Building back better: Transforming Tottenham Improved retail offer in the High Rd North Tottenham new leisure led destination Create a cultural quarter at Tottenham Green and Seven Sisters Tottenham Hale:£35m investment in gyratory and new bus station

  5. 17,440 people claiming out of work benefits – the highest in London 2,410young people aged under 25 claiming out of work benefits No qualifications – 18%; London – 10% Employment rate – 71%; London – 68% Median earnings - £627.50 per week; London - £610.20 per week High qualifications – 56%; London – 42% Haringey – a borough of contrasts Wealth in the west… Deprivation in the east…

  6. Haringey Guarantee Families into Work North London Pledge Future Jobs Fund 5,413 people engaged 1,066 people completing work placements 1,157 people achieving qualifications 1,351 people supported into employment Previous approach

  7. Provision to support at least 800 people into sustained employment Strong focus on young people Geographically focussed on Tottenham and other deprived wards Job creation a key element New approach – Jobs For Haringey

  8. Haringey Jobs Fund • Up to £4,000 subsidy to create a job, lasting up to one year • Each job paid at upper NMW rate (currently (£6.09 ph) with encouragement to pay LLW • Free recruitment support from Jobs For Haringey providers • In work support for up to 12 months • Accredited training support, up to NVQ level 3, for each job created, provided by the College of Haringey, Enfield and North East London and the Haringey Adult Learning Service

  9. Timetable & Funding • 3 year programme with first jobs expected to be created in July 2012 • Funding package • Haringey Council £2.6m • GLA £1.5m • ESF £0.5m • Total£4.6m

  10. Further information Martin Tucker Economic Development Manager T – 020 8489 2932 E – martin.tucker@haringey.gov.uk Ambrose Quashie Economic Development Officer T – 020 8489 6914 E – ambrose.quashie@haringey.gov.uk

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