Province announces investment in Tourism Employment Fund for Seniors
The province has announced a $2.1 million investment in a wage supplement pilot program for seniors.
Government says the fund, to be called the Tourism Employment Fund for Seniors, will encourage the hiring of seniors and also aim to help tourism operators extend their season into the fall.
Those who operate up to eight months of the year will be provided with wage supplements through the fund to hire unemployed New Brunswickers who are 55 or older.
Government says employers in the non-profit sector will be eligible to receive a 100 per cent wage reimbursement, while private sector employers will be eligible for wage supplements of 50 per cent of the minimum wage for placements.
The program is expected to provide between 600 and 850 placements in the tourism sector this year.