Cost-benefit Analyses

Work and Pensions written question – answered on 14th June 2005.

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Photo of David Laws David Laws Shadow Secretary of State for Work and Pensions

To ask the Secretary of State for Work and Pensions which employment programmes have had a cost benefit analysis produced; and if he will place copies in the Library.

Photo of Margaret Hodge Margaret Hodge Minister of State (Department for Work and Pensions) (Work)

Evidence on the cost effectiveness of the New Deal for Young People programme has been produced by the Policy Studies Institute and the National Institute of Economic and Social Research and is available in the Library in 'Findings from the Macro Evaluation of the New Deal for Young People, DWP Research Report 168.'

A preliminary cost benefit analysis of New Deal for Lone Parents programme was carried in house by DWP economists, using results from the independent evaluation of the programme carried out by the National Centre for Social Research. The findings were published in 'New Deal for Lone Parents: Second Synthesis Report of the National Evaluation', DWP Evaluation Report W163 June 2003 and is also available in the Library.

This Department is currently producing cost benefit analyses of other major labour market programmes using an improved and more consistent method on a rolling basis. Results are expected to emerge from this autumn and as produced they will be made available under the Department's Freedom of Information procedures.

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