Tax bankers bonuses to fund jobs for young people in Deeside says Mark Tami MP

Mark Tami MP has called for a tax on bank bonuses to fund jobs for young people in Alyn & Deeside. 

Under Labour’s Compulsory Jobs Guarantee, every young person out of work in Alyn & Deeside for more than 12 months will be given a paid starter job which they will have to take up or lose their benefits. If Labour’s Compulsory Jobs Guarantee were introduced today 3,535 young people would benefit across Wales.

Under David Cameron’s government, the number of young people aged 18-24 claiming Jobseeker’s Allowance for over a year has doubled – from 28,300 in May 2010 to 56,100 today.

Mark Tami MP said:

“Sadly too many young people are struggling to find work and are not seeing any economic recovery. The Government needs to do more to help the long term unemployed. I support Labour’s Compulsory Job’s Guarantee as it will get young people off benefits and into work.”

Whilst its clearly an idea that will strike a chord with many people, numbers of unemployed young people in Flintshire have dramatically dropped, figures released by the Welsh Government  show the end of September 2013 14% of 16 – 24 year old’s were classes as unemployed, a drop from nearly 22% in 2012.