HC Deb 06 November 1968 vol 772 cc121-2W
Mr. Sheldon

asked the Chancellor of the Exchequer what estimate he has made of the increase in employment derived from each £ million increase in consumption.

Mr. Roy Jenkins

The increase in employment depends in part on the type and composition of the increase in per- sonal consumption, but I estimate that a sustained increase in consumption of £1 million would increase employment by between about 250 and 400 persons.