Treasury written question – answered at on 6 December 2001.
To ask the Chancellor of the Exchequer what assumptions for the level of unemployment in (a) 2001, (b) 2002, (c) 2003 and (d) 2004 were used in drawing up the economic and budgetary forecasts made in the pre-Budget report; and if he will make a statement.
The assumption for unemployment used in the public finance forecasts presented in the pre- Budget report is based on the average of outside forecasters' forecasts for unemployment, in line with NAO audited conventions. Assumed annual average unemployment figures are shown in the table. The Government, in line with the practice of previous Administrations, does not publish forecasts for unemployment.
UK seasonally adjusted claimant unemployed | |
---|---|
2000–01(25) | 1.05 |
2001–02 | 0.97 |
2002–03 | 1.06 |
2003–04 | 1.14 |
(25) Outturn
Yes1 person thinks so
No0 people think not
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