Youth Unemployment and Bank Bonuses

Debate between Rachel Reeves and David Winnick

Monday 23rd January 2012 Commons Chamber

[Rachel Reeves]

I think many of our constituents watching this debate will say exactly that. The Government are in denial. Youth unemployment is at a record high, and Government Members say, “There’s not a problem. We don’t need to do anything about it. Everything is fine.” That is not the reality for our constituents.

[Mr David Winnick (Walsall North) (Lab)]

Even if this is a laughing matter for the Government, it certainly is not for us. My constituency has among the highest levels of youth unemployment. It is a tragedy—there is no other way to describe it—when young people are simply unable to find work. I have been in touch with Jobcentre Plus, and there is no doubt about the difficulties and hardships for such young people. Yet for the Government, it is a laughing matter.

[Rachel Reeves]

My hon. Friend speaks for the many families and young people in all our constituencies who are experiencing a crisis, and I give him credit for recognising their challenges.

Youth Unemployment

Debate between Rachel Reeves and David Winnick

Wednesday 9th November 2011 Commons Chamber

[Rachel Reeves]

What I do know is that in the hon. Gentleman’s constituency, as in mine, youth unemployment and long-term youth unemployment is going up on this Government’s watch.

There has rightly been concern from all parts of the House today about youth unemployment. My hon. Friend the Member for Hartlepool (Mr Wright), whose constituency has the highest youth unemployment in the country, rightly talked about the impact on his constituents. My hon. Friend the Member for North West Durham (Pat Glass) gave a passionate speech about youth unemployment and its effect in the north-east, as did my hon. Friend the Member for Wansbeck (Ian Lavery), who talked about people in his constituency being hammered by this Government’s policies. My hon. Friend the Member for West Bromwich West (Mr Bailey), in whose constituency long-term youth unemployment has risen by 106% in just nine months, was right to talk about the need for a national insurance holiday for small businesses. My hon. Friend the Member for Halton (Derek Twigg), in whose constituency long-term youth unemployment has gone up by 81% in nine months, raised the prospect of Royal Bank of Scotland bonuses of £500 million this year, with no tax on bank bonuses to fund youth jobs—a policy proposed by the Labour party.

[Mr Winnick]

We have heard many eloquent speeches about unemployment from our right hon. and hon. Friends, unlike those from Government Members. In the 10 constituencies in England with the highest jobless rate for 18 to 24-year-olds, eight are in the west midlands, and of those eight, six are in the black country. We should bear in mind the devastation that is occurring once again, as in the 1980s, in the west midlands and the black country.

[Rachel Reeves]

My hon. Friend is right to talk about the impact on his constituents. That is why we need a five-point plan for jobs and growth across the country, including the black country.

Unemployment is at a 17-year high and youth unemployment is almost 1 million. Despite the complacency on the Government Benches, the Government must do something to tackle the crisis. Long-term youth unemployment is at its highest for a generation, with 120,000 young people out of work for more than six months, up a staggering 64% since January. The number of young women who are long-term unemployed has risen to 37,500—the highest level in a generation. Whatever Government Members say, the number of young people in long-term unemployment was falling when the coalition Government were formed and it is increasing on their watch.