Graham Stuart

The hon. Gentleman makes a fair and reasonable point, but if he goes back and looks through the data, he will see that youth unemployment stayed stubbornly high under the last quasi-socialist Government, and it was not just because of the 2008 crash. The truth is that, throughout that period, we had a much higher level of youth unemployment than we should have done. He says that we had austerity, but the then Government overspent. We inherited a massive deficit and slowly brought it down throughout the 2010s, but we overspent in each and every year, so the idea that we had austerity is a myth. “Austerity” means living within our means, but we did not live within our means. We overspent each and every year, but by the time we got to covid, we had managed to get our deficit right down. We showed fiscal responsibility, because we know that if Governments spend money that they do not generate, they impose a burden on the very young people on whom unemployment is now being imposed. I will deal with the minimum wage, which Labour Members have touched on. They asked whether we want to tell young people that they are not worth higher pay. Well, if they do not have the experience, and if they lose out on getting a job against an older person because they do not even have cost competitiveness, they are in trouble. Since the introduction of the development rate in 1998, there has been a lower wage for younger workers. That is deliberate, for a very sensible reason: when young people enter the workplace, they are doing exactly that—they are developing. They are developing skills, confidence, discipline and the ability to work productively alongside more experienced colleagues. Employers were explicitly permitted to pay less in order to reflect an economic reality.