Friday, 14 March 2014

Let’s tax bank bonuses to fund jobs for young people in Wigan

This week, I called for a tax on bank bonuses to fund jobs for young people in Wigan.

Under Labour’s Compulsory Jobs Guarantee, every young person out of work in Wigan for more than 12 months will be given a paid starter job which they will have to take up or lose their benefits.

If Labour’s Compulsory Jobs Guarantee were introduced today over 350 young people would benefit in Wigan and 6,700 would benefit in the North West.

Too many young people in Wigan are struggling to find work and not seeing any economic recovery at all.

We risk losing the energy and talents of a generation and repeating the failed Tory mistakes of the 1980s. That’s why I support Labour’s Compulsory Jobs Guarantee to get young people in Wigan back to work learning new skills and helping to cut the cost of unemployment through the social security system.

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