Bob Ainsworth has called for greater action to tackle the dramatic rise in youth unemployment in Coventry. Bob’s call for action comes on the same day that Labour is due to lead a debate in the House of Commons on youth unemployment.
Today’s debate follows the release of figures by Labour which shows there has been a massive 64% increase in young people on the dole for a period of six months or more since January.
“We need urgent action to tackle long term youth unemployment, which is reaching crisis levels in areas up and down our country. Since January there has been more than a 300% increase in young people on the dole for a period of six months or more in Coventry alone.
“Youth unemployment has already hit a record level of 991,000. How much higher does it have to get before the Tory-led Government decide to act and change tack on the economy?
“Labour has shown there is a better way. As part of our 5 point plan to create jobs and economic growth, we would introduce a £2 billion tax on bank bonuses to fund 100,000 jobs for young people.
“In the West Midlands region this would create 8,500 jobs and help stop long term youth unemployment scarring our area.”