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Proceeding contribution from Lord Young of Cookham (Conservative) in the House of Commons on Thursday, 19 May 2011. It occurred during Business statement on Business of the House.


Business of the House

My hon. Friend raises an important issue. Private sector employment increased by 449,000 between December 2009-10, and public sector employment fell by 132,000, so that rebalancing is beginning to take shape. If my hon. Friend looks at the Office for Budget Responsibility report, he will see that it forecasts an increase of 900,000 jobs over the next four years, with 1.4 million in the private sector, which more than counterbalances the fall in employment in the public sector. Rebalancing is on its way.


Secondary information

Type
Proceeding contribution
Reference
528 c517 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Job creation Private sector
Link
View this Proceeding contribution on www.publications.parliament.uk