"Grayling Needs An Economics Lesson"

There's no question that today's unemployment figures make grim reading.
But the more controversial point is: to what extent is the Government's fault?
Employment Minister Chris Grayling is pointing the finger of blame at the Eurozone.
He put out a statement to say: "These figures show just how much our economy is being affected by the crisis in the Eurozone. Our European partners must take urgent action to stabilise the position."
But not everyone agrees with him...
Lord Oakeshott - the Lib Dem peer and former Treasury spokesman - didn't pull any punches when he told me that "Chris Grayling needs an economic lesson."
He continued to say that "anyone who knows anything about economics" will know that unemployment is a lagging indicator - so it won't be affected by the current crisis in the Eurozone.
And he also told me that the comments had a whiff of Euroscepticism about them.
The intervention shows some of the splits in opinion between the Coalition partners.
Many Lib Dems are very uneasy about some of the Eurosceptic language being used by the Conservatives. Others are sympathetic to Labour's argument that the Government needs to work harder to boost growth and jobs.
And on difficult days like this, those splits become more visible.