Brent and Harrow
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Navin Shah GLA Brent & Harrow
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Navin Shah AM calls for tax on bankers’ bonuses to tackle spiralling youth unemployment in Brent and Harrow

Figures released yesterday shows youth unemployment continuing to increase. I call for a tax on bankers’ bonuses to fund work placements for unemployed 16-24 year olds to prevent another ‘lost generation’. This call follows a 126.9 per cent rise in the number of young people out of work for over six months in Brent and 192.9 per cent increase in Harrow.  

According to January’s unemployment figures, released on Wednesday, there are now 235,177 people looking for work in London and 9,762 in Brent and 4,257 in Harrow. This is an increase of 9.5 per cent across London in the last year alone, an 8 per cent rise in Brent and an 8.2 per cent rise in Harrow.  

It is essential the government and Mayor Boris Johnson do all they can to get Londoners back to work instead of continuing to cut, with what we can see, has dire consequences. I am calling for a tax on bankers’ bonuses to fund work placements for young people, desperately in need of employment.  

It was the bankers’ who got us into this mess and it is about time they paid their fair share to help our young people who are bearing the brunt of a recession they did nothing to cause. Why are ordinary people being forced to pay for others' mistakes?  

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The figures published today reveal that in Brent:  

  • There are now 9,762 unemployed people looking for work
  • 2,050 of them are under 24
  • 590 have been out of work for more than six months
  • There are only 1,279 job vacancies in Brent

  The figures published today reveal that in Harrow:  

  • There are now 4,257 unemployed people looking for work
  • 985 of them are under 24
  • 205 have been out of work for more than six months
  • There are only 635 job vacancies in Harrow

  Across London:  

  • There are 235,177 people out of work
  • 55,410 are under 24
  • 16,655 have been out of work for more then six months
  • There are 32,580 job vacancies in the capital - seven jobseekers for every vacancy

Navin Shah AM

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16th February 2012