Labour have done it again.
Just six days after their last dodgy stat, they’ve come out with another.
On Monday Labour’s Shadow Business Secretary Chuka Umunna claimed that the number of young people on unemployment benefit has gone up by 60 per cent since May 2010.
It’s actually fallen by 38 per cent. In May 2010 there were 429,300 young people on JSA compared with 265,600 today – a fall of over 163,000 (ONS, Labour Market Statistics, 11 June 2014, CLA02).
Umunna also said that young people on unemployment benefit in the North East has gone up by 263 per cent.
It’s actually gone down by over 6,000 – a fall of 27 per cent (ONS, NOMIS Labour Market Statistics, http://www.nomisweb.co.uk/reports/lmp/gor/2013265921/subreports/gor_ccadr_time_series/report.aspx).
By delivering skills and creating opportunities and jobs, our long-term economic plan is helping young people get on in life and securing a better future for Britain.
Whereas we have a long-term economic plan, Labour have no plan at all – and no amount of dodgy stats can hide it.
Last week it was jobs, this week it’s benefits for young people – if Labour keep getting their numbers wrong, how can they be trusted on the economy?
You can’t trust Labour with the economy - just look at what they did when they were last in power:
- They were responsible for Britain’s longest and deepest recession since the War – making hardworking taxpayers poorer and less financially secure. (Source: Office for National Statistics, Quarterly National Accounts)
- Unemployment increased by nearly half a million under Labour – with hundreds of thousands of families left without the security of a pay packet. (ONS, Labour Market Statistics, Table A02)
- The number of people claiming unemployment benefit rose by 82 per cent between 2005 and 2010 – under Labour, our economy did not deliver for those who wanted to work hard and play by the rules. (ONS, Labour Market Statistics, Table CLA01)
- They left 292,000 more young people unemployed than when they came into office – a rise of 45%. (ONS, Labour Market Statistics)
- They left Britain with the biggest budget deficit in our peacetime history - with hardworking taxpayers forced to pick up the tab for Labour’s reckless spending. (ONS, Public Sector Finances)
The facts are clear: Labour wrecked the economy and failed hardworking taxpayers.
And they haven’t learnt their lesson. While the Conservatives have a long-term economic plan that is building a stronger, more competitive economy, Labour’s only answer is more spending, more borrowing and more taxes – exactly what got Britain into a mess in the first place.
That’s why we need to carry on working through our plan to secure a better future for Britain.
It’s no secret that Labour struggle with their figures – but this takes the biscuit.
In a keynote speech today, Ed Miliband will claim that ‘four-fifths of all the new private sector jobs created since 2010 are in London’.
Trouble is, that statistic is over two years out of date (it’s from a Centre for Cities Report, looking at the regional labour market 2010-12) – and the most recent figures from the Office for National Statistics actually show the opposite:
Three-quarters of new private sector jobs have come from outside London since 2010. (ONS, Public Sector Employment, Table 7 - Regional private sector employment, 11/06/14)
Labour’s blunder shows two things:
- The Conservatives’ long-term economic plan is helping create jobs across the country, ensuring more people than ever before have the security of a pay packet
- Labour have no plan for jobs – and no amount of twisting the facts can hide it
And if you can’t trust Labour with the facts, how can you trust them with the economy?
UPDATE: When asked about the two-year-old statistic, Ed Miliband said ‘I absolutely stand by it – it’s the best statistics I’ve seen’. So good, in fact, that he decided to leave it out of his speech – despite briefing it to all media in advance.
Ed Miliband and Labour - they’re just not up to it…
Our young people deserve the best start in life – and that’s what we’re delivering.
Since 2010, our long-term economic plan has helped create 1.8 million apprenticeships, with more applications from young women than ever before.
By helping young people develop their talents and skills, we’re ensuring the next generation succeeds in the global race.
By delivering more apprenticeships than ever before, we’re not only helping record numbers of young people get on in life – we’re also securing a better future for Britain.
Backing small businesses – so they can create more jobs and help secure the recovery – is a key part of our long-term economic plan.
And the action we’ve taken to support them is working, as the facts show:
Today we’re going even further with our Small Business Bill, which helps to ensure Britain is the best place to start and grow a business.
It will cut red tape for businesses, increase fines for those who pay less than the minimum wage, and help small businesses access the £230 billion market for public contracts.
We’ve come a long way from Labour, who hit businesses with higher taxes and needless regulations.
By sticking to our long-term economic plan, we’re helping business owners take responsibility for themselves, create jobs for others, and secure a better future for Britain.
Under Labour, standards in schools dropped, our children fell behind young people in other countries and employers lost confidence in our exams.
But while Labour let our children down, we’re giving them a better start in life.
Our long-term economic plan is delivering for the next generation by:
1. Raising standards and restoring discipline in schools
250,000 fewer children are being taught in under-performing schools. We are making our schools the best in the world so our children can succeed in the global race.
2. Helping create 1.7 million apprenticeships since 2010
So young people can learn the skills they need to kick-start their working lives and have the chance of a better future.
3. Abolishing the jobs tax for under-21s
So it’s easier for businesses to give young people the jobs they deserve.
4. Creating 175,000 extra schools places by backing free schools
There are now 331 free schools, providing more good school places for children across the country.
Free schools are also moving power from bureaucrats to teachers – the people who know your child’s name. That’s giving even more children a world-class education, equipping them with the knowledge and skills to fulfil their potential.
By delivering the best schools and skills, the Conservatives are securing a better future for the next generation - and succeeding where Labour failed.
Labour said our plan to create more jobs wouldn’t work. But today’s employment figures show they were completely and utterly wrong.
There are now two million more private sector jobs than there were in 2010.
And every new job means another person with the security of a pay packet to support themselves and their families.
That’s why our long-term economic plan is so important – because it’s helping secure a better future for hardworking people.
Remember, Ed Miliband said our plan would lead to ‘the disappearance of a million jobs’ (speech to CBI conference, 25 October 2010).
With predictions like that, why would anyone trust Labour with the economy again?
When they were last in power, they left nearly half-a-million more people out of work.
That’s the difference between Labour and the Conservatives: while they cost Britain jobs, we create them – and build a better future for Britain.
Back our plan by sharing this graphic:
We’re saving taxpayers money every day.
In 2013-14, we’ve made £14.3 billion worth of savings compared with Labour’s last year in government.
That’s equivalent to nearly £850 for every working household in Britain – or enough to pay for over half-a-million nurses or three million primary school places. From selling empty government buildings to getting more value out of public contracts, we’re making savings so that the taxes of hardworking people are spent on what matters most.
It’s a long way from Labour. They lost control of public spending and left Britain with our biggest budget deficit in peacetime history.
Tackling waste and inefficiency is a key part of the Conservatives’ long-term economic plan. It’s helping us reduce Labour’s deficit and set our country on the path to a better future. £14.3 billion of savings isn’t just a number on a government graph – but real money that’s ensuring we deal with our debts, safeguard the economy for the long term and keep mortgage rates low.
But there’s still more to do. That’s why we need to keep working through our long-term economic plan – to get the cost of government down and carry on turning our country around.
The Queen’s Speech is the next big step in our long-term economic plan. Its aim is to secure the recovery for our country, and give you and your family security and peace of mind for the future.
Finding affordable childcare is one of the biggest challenges for parents and guardians. So we’re going to help working families with their childcare costs - with tax-free support of up to £2,000 a year for each child.
We’re also increasing the personal tax allowance to £10,500, cutting income tax for over 25 million people (find out how much you’ll save here) and fuel duty is being frozen for the rest of this Parliament.
Giving you more security in retirement:
If you’ve worked hard and saved for your pension pot, you should be free to decide what to do with your money. So we’re giving people with defined contribution pensions complete control over how they access their pension:
- Those who want an annuity will still be able to purchase one
- Those who want greater control of their finances in the short term can take a greater amount as a lump sum
- Those who don’t want either an annuity or to withdraw everything in one go will be able to keep their pension invested and access it over time
We’re also making important changes to workplace pensions to give employees more certainty about their income in retirement.
We’re banning “zero hours” contracts where they prevent workers taking jobs elsewhere - and raising the maximum fine to £2,000 per employee for employers who pay less than the minimum wage.
Backing small business and enterprise to create more jobs:
Because we have taken difficult, long-term decisions, we are able to put extra investment into our roads and railways to improve our infrastructure and help businesses grow and create jobs.
This includes the biggest investment in roads since the 1970s - and in rail since Victorian times.
We’re also making it easier for small businesses to start, grow and employ people.
These measures build on what our long-term economic plan has delivered so far: the deficit down by over a third; income tax cut for 25 million people by an average £705; 1.5 million more jobs; a welfare system that ensures work pays; 1.7 million more apprentices and better schools for young people.
There is still a long way to go - but only by sticking to our plan will we secure a better and brighter future for Britain.
The British economy is growing – delivering security for hardworking people.
Today the British Chambers of Commerce upgraded its growth forecast for 2014 from 2.8% to 3.1%. What’s more, the CBI said that growth this month was the highest for 11 years.
While we know people are still feeling the effects of Labour’s Great Recession, these figures are more proof that our long-term economic plan is working – and securing a better for Britain.
More economic growth also means more hardworking people can get on in life. Since 2010, over 1.5 million more people are in work, with the security of a pay packet to provide for themselves and their families.
But while our plan is working – it isn’t finished. While the foundations for a broad-based recovery are now in place, we cannot take the recovery for granted.
The biggest risk now to economic security would be abandoning our long-term economic plan.
That’s why we can’t go back to Labour. They wrecked the economy before – and would do it again with more spending, more borrowing and more taxes.
Only the Conservatives have a plan to grow the economy, help hardworking people and secure a better future for Britain.