Youth Unemployment and Bank Bonuses

Part of Opposition Day — [Un-allotted Day] – in the House of Commons at 7:42 pm on 23 January 2012.

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Photo of Lisa Nandy Lisa Nandy Labour, Wigan 7:42, 23 January 2012

May I ask the right hon. Gentleman to consider one more fact before he concludes on this subject? When youth unemployment rose under the previous Government, that was largely due to increases in labour supply, but since his Government took over, the massive increases in youth unemployment have been due to a collapse in labour demand. That is why the Opposition are so desperately asking his Government to change course. If the hon. Gentleman cares about this issue, as he has said that he does, will he confirm today that he will change course and prioritise growth over jobs?