15/02/2012

Labour Slams Gov Over 'Jobless Generation'

The Labour Party have slammed the Government over the rising rate of unemployment, accusing it of creating a 'jobless generation'.

Liam Byrne, Labour’s Shadow Work and Pensions Secretary, said the Government was creating a jobless generation with more young people out of work than ever before.

The UK unemployment rate was revealed on Wednesday to be up by almost 50,000, reaching 2.67 million in the three months to December.

The Office for National Statistics said the unemployment rate was now at 8.4%, while the number of people claiming Jobseeker's Allowance last month increased by 6,900 to 1.6 million.

Meanwhile, the highly criticised number of young people out of work was down to 1.038 million in the three months to December, taking the unemployment rate for 16-to 24-year-olds to 22.2%.

“Today’s figures make for grim reading for the millions of squeezed families desperate for good news on the economy," Mr Byrne said. "With unemployment at its highest rate since 1995 and long term youth unemployment doubling in the last year, ministers must now get a grip.

He added: “It is painfully clear that the Government’s welfare to work programmes are not doing the job and the time for dithering is over - complacent ministers must act now before a generation is left scarred by their failure. They should adopt Labour’s five point plan for jobs immediately, including a tax on bankers’ bonuses to fund 100,000 much needed jobs for our young people.”

(DW/GK)

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