If Clegg wants to reduce youth unemployment, then he’s going to have to look at regulation

Nick Clegg’s interview in The Times today presages a major Lib Dem effort to try and promote policies to reduce youth unemployment. With figures out on Wednesday expected to show youth unemployment going over a million, the Lib Dem leader is keen to show that the government is acting.

But as The Times reports, the quad—Cameron, Osborne, Clegg and Alexander—are divided on what to do about the matter. The Tories are keen to do Beecroft for young people, removing some of the employment protections that make firms so reluctant to hire new staff. But given how the Lib Dems have set themselves so firmly against the Beecroft review and its principal idea of replacing unfair dismissal with severance pay based on length of service, they won’t accept this.

But if Nick Clegg really does want to make jobs for young people one of his big priorities for the growth review, then he might have to look again at regulation.