Labour leader Ed Miliband
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Labour's 'real jobs guarantee'

The Labour leader has unveiled a "real jobs guarantee" for young people at his party's youth conference in Coventry.

Ed Miliband told the conference responsibility lay with business to give chances, and for young people to take the chances offered.

He said his ambition was to conquer long term youth unemployment by levying a tax on bank bonuses and using the money to provide chances for young people.

He said the job was guaranteed for at least six months with "real training, real prospects" for young people.