Labour leader Ed Miliband (left) tours a building site
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Labour extends jobs guarantee scheme

Labour has said its "jobs guarantee" scheme for young unemployed people will last for the whole of next parliament, if it wins the 2015 general election.

Under the scheme 18 to 24-year-olds who have been out of work for a year will be offered a taxpayer-subsidised job lasting six months - with those who refuse losing benefits.

Labour says it would pay for this by taxing bank bonuses and changing tax rules for the pensions of high earners, but the Conservatives say the numbers "don't add up".

Ben Wright reports.

  • 10 Mar 2014
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