Archive for corruption
CABINET minister Ed Davey sparked fury yesterday by describing record unemployment levels as “good news”.
The Energy Secretary admitted slow economic growth was worrying but said jobless figures could have been much higher.
He said: “What has been good news is how the labour market has reacted, how unemployment has reacted.
“We have not seen the big increase in unemployment that many people predicted.”
Mr Davey made the remarks on a visit to the North East, where unemployment stands at 11.5%.
Across the country there are more than 2.6 million people out of work, 8% of the population.
Figures released this week also showed there were just under a million youngsters not in work, education or training.
Economists fear more job cuts could be around the corner after the economy sank back into recession again.
He blamed slow growth on “global forces like oil prices and the situation the eurozone”.
A spokeswoman for Mr Davey said yesterday his comments had been taken out of context.
She added: “He simply wanted to draw attention to the fact that his department’s policies have helped attract investment and create jobs.”
But Labour’s Shadow Employment Minister Stephen Timms said the remarks were “staggering”.
He said: “This government is so out of touch they describe the highest level of unemployment in a generation as good news. What planet are they on?”
Ross Smith, of the North East Chamber of Commerce, said: “The fact that our member businesses have been creating jobs is clearly good news.
“However, this is nowhere near enough to balance out cuts being made across the public sector.”
Northern TUC boss Kevin Rowan added: “Mr Davey must be aware the North East has the highest unemployment in the UK with nine jobseekers per vacancy.
“Only last week we heard an additional 6,000 people in our region are now out of work compared to last month.
“I find it incredible a Cabinet minister could describe this social and economic catastrophe as good news.”
http://www.youtube.com/watch?v=-1b9J8D3tOg Reblogged for the Olympics