New unemployment statistics confirmed that we’re facing an unemployment emergency in Britain.
Unemployment has now soared to the highest level for a generation and long term youth unemployment has more than doubled since January last year.
Those of us who watch this closely see what’s going wrong. Tax rises and spending cuts that go too far and too fast have choked off the recovery. Result? No jobs and growth or prospect of them.
The Tory-led Government is now set to borrow £158 billion more than planned – because more people are out of work claiming benefit rather than paying tax. Result? An economic plan that’s backfired and a deficit headache that won’t go away.
The new work programmes they boasted about are yet to have an impact. Result? Higher youth unemployment returning and a benefit bill we simply can’t afford.
The Government claimed last month that the labour market is ‘stabilising’. This shows how clearly out of touch they are with ordinary people.
Complacent ministers need to wake up to the jobs crisis they're responsible for and take urgent action now.
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