(11 years, 5 months ago)
Commons Chamber14. How many jobs have been created in the private sector since 2010.
Private sector employment has been growing robustly, with 1.3 million jobs created in the sector since the start of 2010. At Budget 2013, we announced the £2,000 employment allowance, which will support businesses aspiring to grow by hiring their first employee or expanding their work force. Businesses will be able to employ four adults or 10 18 to 20-year-olds full time on the national minimum wage without paying any employer national insurance contributions at all.
Does my hon. Friend agree that the combination of an enterprise zone and a regional growth fund that has been supporting jobs in my area following the Pfizer closure, and which the Chancellor very kindly opened, has delivered 750 new jobs in one year? We hope to be announcing a further 200 jobs in the next couple of weeks. Does that sound like a private sector success?