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HM Treasury written question – answered on 3rd November 2014.

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Photo of Martin Horwood Martin Horwood Liberal Democrat, Cheltenham

To ask Mr Chancellor of the Exchequer, what assessment he has made of the recommendation of the All-Party Parliamentary Group on Wellbeing Economics that stable and secure employment for all should be the primary objective of economic policy.

Photo of Andrea Leadsom Andrea Leadsom The Economic Secretary to the Treasury

Since the financial crisis the government's long term economic plan has provided the foundations for the current recovery, which is now well established. The government has continued to take the difficult decisions needed to secure a stronger recovery for all and build a fairer society.

The latest official labour market figures show that employment in the UK is at its highest ever level, 30.76 million, an increase of 1.7 million since the Coalition entered office. Over the same period the level of redundancies has fallen by 45 per cent.

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