Home Business NewsPolitics News Labour announces £1bn 'jobs guarantee' scheme for long-term unemployed

Labour announces £1bn 'jobs guarantee' scheme for long-term unemployed

by LLB Editor
4th Jan 13 10:17 am

Shadow chancellor Ed Balls today unveiled plans to offer a guarantee of a six-month job to anyone out of work for more than two years.

Balls also announced that the Labour party would pledge £1bn to help employers hire over 130,000 unemployed people in the UK.

The Labour party said the money for the scheme would come from restricting the tax relief on pensions for those earning over £150,000 a year.

“A One Nation approach to welfare reform means government has a responsibility to help people into work and to support those who cannot,” Balls said.

“But those who can work must be required to take up jobs or lose benefits as a result – no ifs or buts.

“Britain needs real welfare reform that is tough, fair and that works. Not divisive, nasty and misleading smears from an out-of-touch and failing government.”

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