§ 58. Mr. Meacherasked the Secretary of State for Employment what estimates he has made of the amount of manpower which will be available over the next five years; and how this compares with the amount required to meet a 4 per cent. growth rate over the period.
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§ Mr. Dudley SmithThe working population is expected to fall slightly between 1971 and 1976, mainly because of the raising of the school-leaving age in 1973. In these circumstances, output per head would need to rise by some 4 per cent. a year or more to sustain a 4 per cent. growth rate.