§ 16. Mr. Hoyleasked the Secretary of State for Employment what is his forecast of employment prospects over the next 12 months.
§ Mr. Harold WalkerThe output forecasts in the Budget report seem to suggest that employment will rise only marginally up to mid-1978, but the additional measures announced by the Chancellor in the Budget should improve these prospects.
§ 30. Mr. Neubertasked the Secretary of State for Employment what is his latest 156W estimate of unemployment prospects in the United Kingdom.
§ Mr. GoldingIn the light of the economic prospects to mid-1978 published in the Budget report and of the likely continuing increase in the numbers of people seeking work, I see little likelihood of a sustained fall in unemployment over the next 12 months. Much depends on international trade on our success in bringing down the rate of inflation and of improving our share in world markets.