division_name: Opposition Day &#8212; [Un-allotted Day] &#8212; Youth Unemployment
motion: <p class="" pid="a.366.1/1" pwmotiontext="yes">I beg to move,</p>
  
  <p class="" pid="a.366.1/2" pwmotiontext="yes">That this House believes that the Government&#8217;s policies of cutting spending and raising taxes too far and too fast have resulted in the UK economy flat-lining for 12 months, well before the recent Eurozone crisis; notes that unemployment has reached a 17-year high and youth unemployment has hit a record level of 991,000; further notes that slower growth and higher unemployment makes it harder to get the deficit down and that the Office for Budget Responsibility forecasts &#163;46 billion more borrowing than the Government planned; further believes that with long-term youth unemployment up by 64 per cent. since January 2011 it was a mistake to abolish the Future Jobs Fund and urgent action is now required to stop a generation of young people being lost to worklessness; agrees with the IMF&#8217;s warning that &#8216;consolidating too quickly will hurt the recovery and worsen job prospects&#8217; and that the Government should have &#8216;a heightened readiness to respond, particularly if it looks like the economy is headed for a prolonged period of weak growth and high unemployment&#8217;; and calls on the Government to adopt the Opposition&#8217;s five point plan for jobs which includes using funds raised from a tax on bank bonuses to guarantee a job for 100,000 young people and build 25,000 affordable homes, bringing forward long-term investment projects, temporarily reversing January&#8217;s VAT rise, a one-year cut in VAT to five per cent. on home improvements and a one-year national insurance tax break for every small firm which takes on extra workers.</p>
  
  <p pid="a.404.3/1" pwmotiontext="yes"><i>Question put forthwith, </i>That the Question be now put.</p>
  
  <p class="italic" pid="a.404.3/2" pwmotiontext="yes">Question agreed  <i>to</i> .</p>
  
  <p class="italic" pid="a.404.3/3" pwmotiontext="yes">Main Question accordingly put.</p>
  
  <p class="italic" pid="a.404.3/4" pwmotiontext="yes">The House divided:</p>
  
  <p pid="a.404.3/5" pwmotiontext="yes">Ayes 234, Noes 290.</p>