British Prime Minister David Cameron has admitted that the country’s long-term unemployment figures are “disturbing” despite the Government’s attempts to solve the problem through its Work Program.
Britain’s long-term unemployment hit a 16-year record high with the number of unemployed people for more than a year reaching 904,000, up 22,000 on the previous quarter.
"Not only is long-term unemployment at its highest level for nearly two decades, but youth unemployment is rising”, Said Labour leader Ed Miliband at Prime Minister's Questions today as he was criticizing Cameron’s poor performance.
Cameron said that there was no “complacency” in the government over long-term unemployment and specially youth joblessness that the latest figures show has increased by 7,000 in 2012's first quarter.
"He's absolutely right. The long-term unemployment figure is disturbing. That is what the work program is designed to deal with”, he added.
Miliband however, said that the government’s work program was clearly a failure since the number of young unemployed people for more than a year has risen by 247 percent.
He also added that in the first four months of the current year borrowing was up 25 percent as a result of Cameron’s wrong policies that means the government borrowed £9.3 billion more in the four months to May this year compared to 2011.