UK Membership of EU

House of Lords written question – answered on 28th July 2014.

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Photo of Lord Grocott Lord Grocott Labour

To ask Her Majesty’s Government, further to the Chief Secretary to the Treasury's speech to the Centre for Transatlantic Relations in Washington on 26 June, of how many jobs in each sector is the 3.3 million that the HM Treasury analysis says are connected to Britain's place in the European Union comprised.

Photo of Lord Deighton Lord Deighton The Commercial Secretary to the Treasury

The Treasury estimate that 3.3 million jobs in the UK may be related to exports to other European Union countries. This figure is based on the assumption that the share of UK employment associated with UK exports to the EU is equal to the share of output that is exported to the EU, making allowance for the composition of the UK economy. It is not an estimate of the impact of EU membership on employment.

Allocating all of these jobs to specific sectors is challenging in the absence of data providing both a sectoral and geographical breakdown of exports. Such estimates would be very sensitive to the further assumptions required to allocate jobs to sectors.

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