Youth Unemployment Debate
Full Debate: Read Full DebateSimon Hoare
Main Page: Simon Hoare (Conservative - North Dorset)Department Debates - View all Simon Hoare's debates with the Department for Work and Pensions
(1 day, 11 hours ago)
Commons ChamberI thank my hon. Friend for his question—I know that he takes a deep interest in this issue. There is an urgent need to help young people with the technological change that is taking place in the labour market. That is not just a British phenomenon; graduate unemployment in the United States went up from 5.3% to 5.7% in the final quarter of last year, and youth unemployment in the United States reached a four-year high last summer. We have to be less insular in our debate and understand that young people face particular challenges. That is why, for example, the different apprenticeship courses that I outlined in my statement are really important. They will train young people to cope with a different technological environment and ensure that we give them the maximum chance of success.
It frankly beggars belief that the Secretary of State does not understand the impact that the Government’s policies on business, tax and regulation have had on the confidence of businesses up and down the country to invest and employ. There is a direct causal link, and nobody will understand why the Secretary of State does not make that link and persuade the Treasury to do something about it. However, my direct question to him is this: why does he think that unemployment is always higher at the end of a Labour Government?
The OBR predicts that unemployment will peak this year and then fall in every year of the forecast—[Interruption.] Conservative Members disparage the forecast, but I gently remind them that disparaging the OBR did not work out too well for them a few years ago. In fact—to make a more serious point—the country is still paying the price for the fact that they did so, so I suggest that they learn that lesson.