(11 years, 5 months ago)
Commons Chamber6. What fiscal steps he is taking to encourage job creation in the private sector.
14. 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.