Unemployment

Part of Opposition Day – in the House of Commons at 7:13 pm on 8th December 1992.

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Photo of Mr Barry Legg Mr Barry Legg , Milton Keynes South West 7:13 pm, 8th December 1992

As I said earlier, Milton Keynes has had a difficult time. I could have concentrated on the fact that unemployment in Milton Keynes has risen from 3 to 8 per cent. over the past two years; I could have detailed the job losses there. Instead, I recognised that Britain is now coming out of recession. Unemployment is a lagging indicator of recession. The hon. Member for Holborn and St. Pancras will be interested to learn that unemployment in Milton Keynes has now flattened out, settling at 8 per cent. We are creating new jobs, and Milton Keynes—like the rest of Britain—will go forward under the Conservatives.