Liam Byrne MP, Labour’s Shadow Work and Pensions Secretary, responding to today’s Labour Market Statistics, said:
“Budget day begins with a clear sign that George Osborne has failed.
“Half way through the Parliament, Britain is still being scarred by rising unemployment and it is our next generation that is paying a brutal price. Today, youth unemployment has soared back up towards the million mark, overall unemployment is up and unemployment amongst women is up yet again.
“If the Chancellor needs any more evidence for why he should change course he should look no further than today’s figures which show the massive hit working families are now taking. Families in Britain have taken a £1,200 a year pay cut and that’s why we need real action to kickstart our flatlining economy and help families on middle and low income, not a tax cut for millionaires and more of the same failing policies.”