UNEMPLOYMENT in the UK is now climbing faster than the Eurozone, Japan and America and we are losing three times as many jobs as we are creating.
The rise in those without jobs is the highest for two years.
New figures published last week show that unemployment in Wallasey has risen by nearly 12% in the past year.
The number of young people out of work has surged up by 78,000 and it is women who are now being punished worst.
Women’s unemployment is now the highest for 23 years. ŠIn a year when the government has cut support for childcare, 32,000 women have chosen to give up on work. That alone has cost us nearly £50 million in lost tax revenue.
Over a year and a half after the recession ending and with unemployment rising this fast, the deficit is getting harder than ever to pay down.
This fast rising unemployment is helping push the benefits bill up by £12 billion, that’s £500 per household. Š
We need a sensible tax on bankers’ bonuses to help create jobs for young people – and a halt to this unthinking attack on Britain’s childcare.
Millions of Britain’s parents feeling the squeeze desperately want to work – but literally can’t afford to without help with childcare.
So in Parliament I’m calling on the government to provide immediate help for people faced with unemployment particularly for the young people and women of Wirral who need a better hope for the future.