Youth Unemployment and Bank Bonuses

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

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Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury 7:42 pm, 23rd January 2012

I am not sure that one can prioritise growth over jobs—and that is the first explanation I have heard from the Opposition Benches of the reason why youth unemployment rose during Labour’s time in office. I do not know whether that opinion is shared by those on the Front Bench.

As I have made clear, we are prioritising tackling youth unemployment. We do not want to see young people blighted by long-term youth unemployment as they were in the 1980s. That is why the youth contract, our investment in apprenticeships and the Work programme are all necessary to help young people back into work.