The Times reports:
The intention is to build on the £1.5 billion youth jobs guarantee — which will be promoted nationwide in the coming weeks — for people aged 18 to 24 who claim jobseeker’s allowance for more than six months....Yvette Cooper, the Work and Pensions Secretary, has announced plans to offer “tailored support” for unemployed people aged over 50 and to ensure that claimants who take jobs would receive £40 a week more than if they stayed on benefit.
So more money that the government doesn't have, to take from future taxpayers, to cost future jobs, rather than getting the state out of the way of business.
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