Stephen Timms MP, Labour's Shadow Minister for Employment, said:
"This country is facing an unemployment emergency yet this complacent government is failing to act.
"Work experience can be valuable but it is simply wrong that young people today are given no choice of training, apprenticeship or a job because this government cancelled Labour's highly successful Future Jobs Fund and they are refusing to levy a tax on bankers bonuses to pay for 100,000 youth jobs.
"Labour introduced work programmes for young people, including programmes that demanded the responsibility to work. But those jobs were real jobs.
"This scheme has lost the confidence of both young people and business, with key companies that should be providing genuine work experience sceptical of its design and motives. The government must get a grip, and make sure that work experience is real, meaningful and helps lead to work."