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Friday 16th March 2012 | 16:12
Liberal Democrat Press Release
Commenting on Labour's Real Job Guarantee, Liberal Democrat MP for East Dunbartonshire, Jo Swinson said:
"Labour have found yet another new use for their bankers' bonus tax, a seemingly endless fund of money. But their proposals do not stand up to scrutiny.
"The Real Job Guarantee is a pale comparison to the Youth Contract launched by Nick Clegg and shows Labour still doesn't understand how the economy works.
"Just like with previous job schemes which Labour dreamt up while driving the economy towards a cliff edge, Ed's plan does not provide jobs that last. As soon as a Government stops paying the full wage, employers would have no incentive to keep someone on.
"The Youth Contract provides a helping hand with real, private sector jobs and gives young people the skill needed for a lifetime of work through placements, apprenticeships and other additional support.
"Labour still can't be trusted with the economy and now they can't be trusted with helping young people into work either."