Jeremy Corbyn pledges to create one million ‘decent jobs’

June 2, 2017 1:27 am

The Labour leader will offer to give people “pride and purpose” but the
Tories say the party would destroy jobs, not create them.

Mr Corbyn will say the new jobs would pay ‘a real living wage’

is promising to create a million good-quality jobs if he wins the General Election next week.

The Labour leader will offer to give people “pride
and purpose” in a speech in York later, as he pledges to pump £250bn
into industry.
The party that promises to scrap zero-hours
contracts is suggesting it will not only create employment, but jobs
with higher wages.
Labour says the money will come through a new
National Investment Bank and a network of Regional Development Banks and
a National Transformation Fund.
But Chancellor Philip Hammond warned that Labour would destroy jobs by raising taxes and increasing borrowing.
Mr
Corbyn’s speech aims to redirect the election debate onto domestic
policy, after a day when both the main parties focused on Brexit.
He will argue that years of Conservative rule has resulted in
stagnating productivity, falling public sector net investment and
average wages forecast to be lower in real terms in 2021/22 than their
2007/08 level.
Mr Corbyn will say: “When Labour talks about job
creation we mean decent jobs, jobs which pay a real living wage, which
people can get by on, and which give people a sense of pride and
purpose.
“Labour will invest to drive growth across the whole of
, creating wealth which is shared across our country, rather than
concentrated in the hands of the few.
“Labour will ensure people
are not held back. We will build an economy where everyone shares in the
creation of wealth as well as its distribution.
“Under the Conservatives, the richest have got richer, while most people’s incomes have fallen or stagnated.
“Labour’s plans will make sure everyone shares in our country’s wealth.”
But Mr Hammond responded by saying: “Jeremy Corbyn will not create jobs, he will destroy them.
“His reckless plans for higher taxes and more borrowing will wreck the economy and we will all pay the price.
“We have made real progress in fixing the mess we inherited from
Labour, helping businesses create 2.9 million more jobs so there are a
record number of people in work.”
The Conservatives claim Labour’s
plans to reverse reductions in corporation tax will discourage
investment, which is crucial to supporting growth and jobs.
They warn this could add additional instability as the enters Brexit negotiations.
Mr
Hammond added: “With as Prime Minister providing strong
leadership, we can lock in that progress and deliver on her plan for
Brexit to create a stronger, more prosperous Britain.
“But all of
this is at risk if Jeremy Corbyn becomes Prime Minister, negotiating
Brexit at the head of a coalition of chaos – and it only takes a loss of
six seats for Theresa May for that to happen.”
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