Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Desmond Swayne Excerpts
Tuesday 17th April 2018

(6 years, 4 months ago)

Commons Chamber
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Elizabeth Truss Portrait Elizabeth Truss
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What is unfair is the fact that, under the last Labour Government, youth unemployment went up to 20% and those young people were left on the scrapheap, whereas we have reduced youth unemployment by 40%. We have more young people in work earning the vital skills for their future.

Desmond Swayne Portrait Sir Desmond Swayne (New Forest West) (Con)
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21. Despite this increase in the price of labour, why is unemployment continuing to fall, particularly youth unemployment?

Elizabeth Truss Portrait Elizabeth Truss
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My right hon. Friend is right, and the reason is that we have taken the time to reduce the deficit to make it easier for employers to take on staff. We have reduced corporation tax, making it easier for companies to hire people. That is why we have the lowest unemployment since 1975, and rising wages. It is a shame that Members on the Opposition Benches cannot acknowledge that massive achievement.