Chancellor Rachel Reeves will pledge to abolish long-term youth unemployment at her speech at Labour Party conference. Read the latest news, analysis and commentary on the 2025 Labour party conference in Liverpool here on LabourList. The Youth Guarantee will offer young people a paid work placement, one-to-one support to find a job, a place in college, or an apprenticeship. It’s bad for business, bad for taxpayers, bad for the economy and it scars people’s prospects throughout their lives. “Just as the last Labour government, with its new deal for young people, abolished long-term youth unemployment, I can commit this government to nothing less than the abolition of long-term youth unemployment.