Does this mean after 6 months I can employ myself and get a wage

.
Probably not but I bet loads of people will find a way to abuse it. Another hair brained scheme which will cost billions more in administration costs than it would do to give people the benefits in the first place.
Why not just reduce business rates and employers NI then those employers who are genuine can actually decide for themselves if they actually have real jobs to offer and their business can afford it without getting some adult YTS person in to sweep the floor for the sake of it.