§ Mr. David Price
asked the Secretary of State for Employment if, on the basis of current population trends and of current retirement policy, he will list the expected number of people retiring from the active labour market, and the number of young people joining the labour market, for each of the next 10 years; and what are the consequences in terms of job creation.
§ Mr. Golding
I regret that information in the form requested is not available. Projections of school leavers available for employment, of numbers reaching normal retirement age and of the increase in the size of the labour force over the next five years were given in my reply to the hon. Member on 14th February.—[Official Report, Vol. 944, c. 134–7.] In that reply I indicated that young people enter the labour force at times other than on leaving school and that people retire from work both before and after reaching the normal retirement age. Also, many join the labour force, and many leave it, for a variety of reasons, at other ages.496W
No projections have been made of the total flows into and out of the labour force, but it is estimated that the net increases in the size of the labour force in each of the five years to mid-1987 will be as follows:
GREAT BRITAIN Mid-year to mid-year Projected Increase in the Labour Force 000s 1982–83 264 1983–84 255 1984–85 143 1985–86 143 1986–87 144