Treasury written question – answered on 12th July 2010.

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Photo of William Bain William Bain Shadow Minister (Transport)

To ask the Chancellor of the Exchequer

(1) if he will publish each assessment made by his Department of the effects of implementation of the proposals in his Budget Statement on (a) public sector employment and (b) private sector employment in the UK in (i) 2010-11, (ii) 2011-12, (iii) 2012-13, (iv) 2013-14, (v) 2014-15 and (vi) 2015-16; and if he will make a statement;

(2) what estimate his Department has made of the effects of the proposals in the June 2010 Budget on the number of jobs in the (a) public and (b) private sector in each financial year from 2010-11 to 2015-16; and if he will make a statement.

Photo of Danny Alexander Danny Alexander The Chief Secretary to the Treasury

To continue with the previous fiscal plans would put the recovery at risk. By acting now, the Government have reduced the risk of adverse market conditions, which would mean higher interest rates for all, stifling recovery and making the challenges ahead even harder.

The OBR released further information on its employment forecast on 30 June 2010. The OBR forecasts show that total employment is expected to rise by 1.3 million by 2015-16.

The OBR forecast release can be found on the following webpage:


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