05 December 2013

AS2013: Public sector job losses offset by businesses

Jobs lost in the public sector will be 'more than offset' by employment created by businesses, chancellor George Osborne has said.

Giving his Autumn Statement, the chancellor said businesses were creating three jobs for each one lost in the public sector.

Affirming the Government was seeking a ‘job rich recovery for all’, Osborne said the total number of jobs was expected to have risen by 400,000 this year.

Unemployment is lower than in 2010 and is forecasted to fall from 7.6% this year to 7.1% in 2015, and 5.6% in 2018.

The number of people claiming unemployment benefit in the last six months has fallen by over 200,000 - Osborne claimed – marking the largest fall for 16 years.

‘There are those who said it was a fantasy to believe business could create jobs more quickly than the public sector could lose them,’ Osborne said. ‘What they should have said is that it would be fantastic if it happened.’

‘The OBR forecasts 3.1m more jobs being created by business by 2019 that, in their words, “more than offsets” the million or so reduction in the public sector headcount.’

SIGN UP
For your free daily news bulletin
Highways jobs

Senior Project Manager (Regeneration)

West Yorkshire Combined Authority
£49,359 to £56,057 per annum (pay award pending) – Grade 9
With ambitious goals ahead, we need dedicated individuals who are ready to make a real impact as part of our expanding Housing team Leeds / Hybrid
Recuriter: West Yorkshire Combined Authority

Information Governance Officer

Essex County Council
£28349.00 - £33351.00 per annum + pension
Information Governance OfficerPermanent, Full Time£28,349 to £33,351 per annumLocation
Recuriter: Essex County Council

Information Governance Officer

Essex County Council
£28349.00 - £33351.00 per annum + pension
Information Governance OfficerFixed Term, Full Time£28,349 to £33,351 per annumLocation
Recuriter: Essex County Council

HR Advisor - Pay & Policy (Career Grade)

Wakefield Council
Grade 9 - Grade 10, Career Grade, 24 hours, Permanent
Are you ready to make a difference and shape policies that foster a high performing and inclusive workplace? Wakefield, West Yorkshire
Recuriter: Wakefield Council

Leisure Support Assistant

Wakefield Council
£12,013.50 - £12,202.00, Grade 3, 18.5 hours, Permanent
Are You Ready to Make a Difference in Your Community? Wakefield, West Yorkshire
Recuriter: Wakefield Council
Linkedin Banner