Employment

Debate between Baroness Altmann and Baroness Armstrong of Hill Top

Wednesday 4th November 2015 Lords Chamber

[Baroness Altmann]

I certainly agree with that. The Government are on the road to achieving their target of full employment. The employment rate is at a record high, and there are nearly 740,000 vacancies in the economy, which is much higher than before the recession. We therefore have a record to be proud of in this regard.

[Baroness Armstrong of Hill Top (Lab)]

My Lords, perhaps I can assist the Minister by giving her the opportunity to acknowledge that the Labour Government actually introduced the minimum wage—let alone anything else—and when we introduced it, we were told it would finish off industry because companies would not be able to afford it. However, I want to push her on other things she has been talking about. I agree that economic opportunity is at the core of good family and community life. Redcar, which we have been discussing, is in the north-east, which still has the highest unemployment in the country and will suffer, I suspect, more from changes in the tax credit regime—whatever they are—than anywhere else in the country. The Government are therefore piling on top of each other lots of things that will bring my region real problems. What are she and the Government going to do to tackle them?

[Baroness Altmann]

My Lords, as I said, the Government are rolling out their policies, which have created and will continue to create new jobs at a record rate. The northern powerhouse will be powerful in ensuring that the benefits are spread more widely. As to the initial point, we were talking here about the national living wage rather than the minimum wage.