The First Minister and Welsh Secretary David Jones will today highlight what more they feel can be done to get young people into employment.
At the first Jobs Summit for Wales, a number of businesses and organisations from across Wales have been invited to discuss how to offer more work experience, internships and apprenticeship opportunities for young people.
Recent figures show that the number of people between the age of 16-24 who weren't employed in Wales between October 2011 and September 2012 stood at 51,000. This has stayed roughly the same since 2009.
The biggest issue for many young people in Wales is a lack of practical on-the-job experience, which counts for a lot when trying to impress a potential employer.
We're giving employers real incentive to give young people in Wales a job, and a payment of £2,275 is available to them for every 18-24 year-old they take on, who has been out of work for six months or more.
More top news
Britain's Got Talent star Ryan Howell has died of bone cancer, aged just 18.
Community Furniture Aid in Bridgend says families have been left sleeping on hostel floors due to a lack of donations.
A 'bizarre' combination of poisonous metals was found in the body of a Cardiff woman allegedly murdered by her lover, a court has heard.