It recommended that every young person should have access to business skills before leaving education, better financial education, and improved access to digital tools.
The roles will be in construction, health and social care and hospitality.
Responding to the publication of the Milburn Review interim report and latest ONS figures, the CIPD said greater investment and policy intervention were needed to support young people entering the labour market.
Among the measures announced were plans to invest in apprenticeships and tackle youth unemployment, as well as a commitment to support SMEs.
At age 23, 14% reported being NEET, showing the problem was more common in the early 20s than in the wider age group of 16-24-year-olds.
VMS joined the Foundation’s Founder15 scheme, supporting employability programmes that helps young people and their communities.
The programme is aimed at young people in schools aged 14 to 18, letting them learn about careers at Compass and across hospitality, foodservice and support services.
Pat McFadden, said: “These reforms will give young people a vital first step on the career ladder and help business leaders recruit the talent that will grow their companies.”
Dan Challis said for many young people, especially those with fewer GCSEs or equivalent qualifications, the route into work can be unclear.
The initiative targeted care-experienced young people and those aged 18 to 25 who were unemployed and not in education or training.
The event will take place at the Adelphi Hotel, Brownlow Hill, Liverpool, on 26th March 2026 from 4.30pm to 7pm.
Anna Spaul Castiglione, director of data innovation at ManpowerGroup, discusses the challenges and opportunities in addressing youth unemployment and the work-readiness gap in the UK.