Job centre sign
Media playback is unsupported on your device

Labour in jobs pledge for long-term unemployed

4 January 2013 Last updated at 23:51 GMT

Labour has pledged to guarantee a job for the long-term unemployed if the party returns to power at the next general election.

Shadow chancellor Ed Balls says the £1bn cost of the scheme could be met by restricting tax relief on pensions for those earning over £150,000 a year.

But the Treasury says Labour is trying to spend the same money twice.

Vicki Young has more details.