Employment
Debate between Lord Skelmersdale and Baroness Altmann(9 years, 1 month ago)
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Baroness Altmann
It is indeed the aim of this Government to halve the disability employment gap. The reforms to the employment and support allowance are designed to ensure that we have the right incentives in place to help people in the work-related activity group, of whom 61% do want to move into work, to do so.
Lord Skelmersdale
My Lords, many years ago, when I was taught economics, I was taught to define my terms. Will my noble friend explain whether the 2% to 3% unemployment rate which was valid in the 1980s still constitutes full employment?
Baroness Altmann
My Lords, there is no recognised definition of full employment as far as the economics profession is concerned. The Government’s measure of full employment will be released in the first progress report on the full employment Bill.