Skip to main content

Proceeding contribution from Rachel Reeves (Labour) in the House of Commons on Monday, 23 January 2012. It occurred during Opposition day on Youth Unemployment and Bank Bonuses.


Youth Unemployment and Bank Bonuses

People are not getting jobs at the moment not because they do not have skills but because the jobs are not available. In all our constituencies, five or 10 people are chasing every job. That is why unemployment is rising. Until the Government take responsibility for that, the numbers will get worse, not better. The price that families struggling with the consequences of redundancy and young people forced to abandon their career plans pay is incalculable. We cannot go on like that. Maybe some hon. Members—we have already heard from many of them—greet the prospect of rising unemployment with a degree of fatalism, perhaps resignation. They may feel that the punishment being inflicted on innocent families and young people is the sad but inevitable consequence of austerity and economic adjustment. Indeed, as I said earlier, there is a grim familiarity about the figures, which bear a depressing resemblance to the record of previous Conservative Governments.


Secondary information

Type
Proceeding contribution
Reference
539 c89 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Directors Banks Incentives Financial services Pay Managers Young people Taxation Unemployment
Link
View this Proceeding contribution on www.publications.parliament.uk