Treasury written question – answered at on 24 June 2014.
Angie Bray
Conservative, Ealing Central and Acton
To ask the Chancellor of the exchequer what recent assessment he has made of the effect on the economy of the level of employment.
Nicky Morgan
Minister for Women, The Financial Secretary to the Treasury
There are more people in work than ever before with the latest figures showing the fastest increase in employment since records began in 1971. Since the coalition came into power, employment has increased by more than one and half million and unemployment has fallen by over 300,000, with over 2 million private sector jobs created since early 2010. Over this period, for every public sector job lost, over five have been created in the private sector. The female employment rate is at its highest since records began in 1971.
By tackling the economy’s problems head on and getting people back into work, we are helping to boost living standards for hard-working families.
Yes0 people think so
No1 person thinks not
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The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
