Autumn Statement Debate

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Department: HM Treasury
Wednesday 5th December 2012

(11 years, 5 months ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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My hon. Friend is absolutely right. That is precisely what the Labour party offers: more borrowing, more debt, and a return to the mess it left this country in. People are not going to trust Labour with the public finances again, and they are particularly not going to trust the shadow Chancellor again.

Ian Lavery Portrait Ian Lavery (Wansbeck) (Lab)
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In my constituency, 15.9% of young people aged between 18 and 24 are unemployed. That is twice the national average. What is in the autumn statement for them?

George Osborne Portrait Mr Osborne
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First, of course any young person who cannot get a job is a matter of regret, but youth unemployment has fallen this year. Our welfare to work schemes are helping to get people back to work, and our work experience scheme in particular is doing a great job of getting people into work, so I would ask those young people to go to their jobcentre and see the schemes that are available. As I have said, 1.2 million jobs have been created in the private sector over the past couple of years, in what are very difficult circumstances. I hope that, with the measures we announced today, business will be able to create some more jobs.