§ Mr. Sedgemoreasked the Chancellor of the Exchequer what calculations he has made on the impact of his recent cuts on employment in the construction industry.
§ Mr. Joel Barnett,pursuant to his reply [Official Report, 20th December 1976; Vol. 923, c. 71], gave the following information:
It is estimated that the number of jobs likely to be lost by the cuts in pub- 230W lic expenditure announced on 15th December 1976 is about 40,000 in the construction industry and a further 25,000 for related industries by the end of 1978–79. These figures do not take account of offsetting effects from jobs generated by the measures to help employment and investment.