Wednesday, 18 February 2015

Labour Market Statistics

Today’s fall in overall unemployment is welcome but five years of the Tories’ failing plan has left working people £1,600 a year worse off since 2010.

Worryingly in Hyndburn the unemployment register is beginning to rise again. The total number of claimants (both Jobseeker's Allowance and Universal Credit) is 111 higher than in December 2014.

Low pay has left millions of working families struggling to make ends meet and has led to billions more spent on the housing benefit bill. Today’s rise in youth unemployment is extremely worrying and shows the Tory plan is failing the next generation.

David Cameron should introduce Labour’s Compulsory Jobs Guarantee to give young jobseekers the chance to learn, earn and contribute through six month paid starter jobs. Labour’s better plan for working families will raise the minimum wage, create more good jobs, build more homes, extend childcare and guarantee apprenticeships for every school leaver in England who gets the grades.

Stephen Timms article can be read here: http://press.labour.org.uk/post/111362896284/fall-in-overall-unemployment-welcome-but-five