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Times are tough and there's a rallying call from politicians that we must share the pain to get the country back on track. But are we really all in this together?

This week, employment: Where are all the jobs? With an increase to nearly 1.5 million people claiming Jobseeker's Allowance, what is the reality of being unemployed right now?

Right-wing journalist and blogger Toby Young is pitted against left-wing New Statesman blogger and anti-cuts campaigner Laurie Penny.

With the public sector already shedding jobs and more losses on the way, how can the private sector be expected to soak up the large number of redundancies? Does the country face the 'double drop' effect when public sector cuts really kick in?

Or is there a real opportunity here? With David Cameron saying now is the time to start the business you've always wanted to and funding being made available, is this the moment Britain deals with austerity through self-starters and enterprise?

And what about the future? Expert economists, government ministers and business people discuss with Tony, Laurie and Toby whether Great Britain will be a bright or bleak place for workers in five years' time.