(11 years ago)
Commons Chamber5. What estimate he has made of the number of jobs created in the private sector in the last 12 months; and if he will make a statement.
11. What estimate he has made of the number of jobs created in the private sector in the last 12 months; and if he will make a statement. [R]
In the past year, employment in the private sector has increased by 380,000, more than offsetting the fall in public sector employment of 104,000. For every public sector job lost, more than three have been created in the private sector. That confounds the predictions of those who thought it could never happen.