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19.08.13

‘Record levels’ for private sector employment

Private sector employment has increased to the highest share of employment than any time since records began, official statistics show.

Jobs in the private sector increased to 24.1 million this year, while the number in the public sector fell by 423,000. In March, 80.9% of jobs were in the private sector.

Employment minister Mark Hoban said: “The cynics claimed the private sector wouldn't step up to create jobs as we bring public spending under control. These figures show that the cynics were wrong.

“There are now 1.3 million more people working in the private sector compared to when the coalition took office – that's three new private sector jobs for every one lost in the public sector.

“The number of people in work has hit record levels, unemployment is falling and the number of people claiming Jobseeker's Allowance dropped by 29,000 last month. There's still lots to do to help those hard-working people who haven't yet found a job to realise their aspirations, but these are encouraging signs – and a further indication that the economy is moving from rescue to recovery.”

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