(14 years, 4 months ago)
Commons ChamberWe were clear that the best way to cut welfare spending was to get more people into work. The very fact of getting people into jobs was cutting £15 billion from welfare bills over the next few years. That is substantially more of an impact than the right hon. Gentleman could possibly have by cheese-paring bits from employment programmes that end up putting more people on the dole and pushing up the bills for unemployment. That, in the end, is the right hon. Gentleman’s problem.
Does my right hon. Friend agree that the pressures placed on the private and public sectors in recent weeks will deliver a potential skills shortage in the UK? Without investment in our young people today, we will have a skills shortage tomorrow, which will be detrimental to our growth in future years.
My hon. Friend is right. This is about investing in our future, because this is about the young people who will support us all for very many years to come. If we do not give them the start in life that they need, if we do not give them the work experience that they need to get into jobs, if we leave too many of them stuck on the dole for years, we will pay the bills that result from their being unemployed for years and we will lose their potential skills and talents that could contribute to our economy for many years to come.