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Chancellor George Osborne has declared his commitment to fight for "full employment" in Britain.
Speaking to workers at Tilbury Port in Essex, he said his "ambition" was for Britain to achieve the highest employment rate of any of the developed nations of the G7.
Former Conservative chancellor Norman Lamont has told ITV News he is "not in any way uncomfortable" with George Osborne's comments that mass unemployment would never be a price worth paying.
Lord Lamont famously said in 1991, "Rising unemployment and the recession have been the price that we've had to pay in order to get inflation down, but that is a price worth paying".
The Conservative government won't seek to lower the unemployment rate by creating "artificial" public sector jobs, which ended up destroying employment as public spending spiraled out of control, says George Osborne.
"You end up with more people unemployed instead of less. Then the politicians who make these guarantees get into a panic. So unemployed people are pushed on to sickness benefits to hide the real numbers," he said.
George Osborne has stated that it's his ambition for the UK to have the highest employment rate than any G7 country.
He also stated in his recent speech that the Conservatives are aiming for "full employment" in Britain.
George Osborne stated that it is his commitment to fight for full employment in Britain, during a speech today.
In his speech Osborne said he wants the UK to be the best place in the world to "create, find and keep jobs" as well as improving schools and reforming welfare.
Cutting tax for businesses as well as "building new roads and railways", with an emphasis on becoming a "world leader in science".
George Osborne has stated in a speech that a Conservative government will "work towards full employment" for Britain, which includes cutting taxes for businesses and hard working people.
British workers and businesses are to benefit from the "biggest tax cuts" to personal and business taxes in "two decades", says George Osborne.
He also said the benefit system will be more affordable and fairer, with Britain creating jobs faster than almost any country in the world.