Labour calls for action on youth unemployment in the North East

Iain Wright MPLabour’s Shadow Business Minister and Hartlepool MP, Iain Wright is today (Wednesday 9 November) backing Labour’s call in parliament for action to tackle youth unemployment across the UK.

Unemployment in Britain is rising and has reached its highest level in 17 years. The Tory-led Government’s economic policies are hurting but not working.

Iain Wright MP said:

“The manner in which the Government has abandoned a whole generation of young people is a disgrace.

"30,000 18-24 year olds are out of work in the North East.  With the UK economy flatlining for the past nine months and growth prospects downgraded by the day, there is little prospect of hope for young people if the Government continues on its present course.

"There is a better way.  A tax on bank bonuses would fund 5,500 young people in the North East to get into work, as part of Labour’s five point plan for jobs and growth.”

Liam Byrne MP, Labour’s Shadow Work and Pensions Secretary added:

“Youth unemployment is now reaching crisis levels, and young people are staying unemployed for longer and longer.

“Labour plans would get 100,000 young people back into work up and down the country - paid for with a sensible and fair tax on bankers’ bonuses.

“Sadly David Cameron and George Osborne don’t seem to understand that more people on the dole – claiming benefits rather than paying taxes – will just make it harder to get the deficit down.”

Ends

Editor’s notes:


1. For further information on Labour’s plan for jobs and growth go to:
www.labour.org.uk/plan

2. Labour’s five point plan for jobs and growth in the North East:
 
- Create up to 5,500 jobs for young people and build 800 new homes

- Bring forward investment projects like new school buildings

-Temporarily reverse the Tory-led Government's VAT rise - a £450 boost for families with children.

- Cut VAT on home improvements to 5% for a year.

- Give up to 58,000 small firms a tax break to take on extra workers.