Speaking in Parliament this morning, Cameron said, under his proposal, employers could save £2,500 per recruit and could help create 350,000 jobs.
The £2.6 billion needed to fund the tax exemption would come from money saved from welfare and unemployment benefits. Cameron said: Instead of the Government paying for people to be unemployed, it can pay for them to be in work."
Cameron proposes tax-exemption plan for employers

Employers could receive a tax exemption for recruiting candidates who have been unemployed for more than three months, if proposals put forward by Conservative leader David Cameron, become policy.