Ed Miliband
Media playback is unsupported on your device
Video

Labour jobs scheme 'fully costed'

Ed Miliband has hit back at Conservative accusations that the costs of the Labour jobs guarantee do not add up.

Under the plan, 18 to 24-year-olds out of work for a year will be offered a taxpayer-funded job for six months - with those who refuse losing benefits.

Speaking during a visit to a south London building site, he said everyone had to benefit from the recovery in the economy not "just a few banks".

Go to next video: Labour extends 'jobs guarantee'