Of course, our economic policies will bring down unemployment, but there is always a lag between a reduction in inflation, which are now down to 1·7 per cent., and a reduction in interest rates, which is now down to 6 per cent. Even against that background and the background of the present recession, not only in this country but in many others, the Employment Service managed to place 1·4 million unemployed people back into jobs last year. Next year, starting in April, our programme of employment and training opportunities will give almost 1·5 million opportunities for unemployed people, especially those who have been out of work for some time.