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Labour: Government 'late' on targeting full employment

31 March 2014 Last updated at 16:03 BST

George Osborne has committed the Conservatives to targeting "full employment", saying that tax and welfare changes would help achieve it.

The chancellor said "unemployment is never a price worth paying, but artificial jobs paid for with borrowed money doesn't work either".

Labour's shadow chief secretary to the Treasury Chris Leslie said the government should have backed the idea a long time ago.