HC Deb 07 March 1978 vol 945 cc621-2W
Mr. Lawson

asked the Chancellor of the Exchequer what was the percentage increase in national productivity, defined as output per person employed over the economy as a whole between 1973 and 1977, and for each of the five four-year periods: 1969 to 1973, 1965 to 1969, 1961 to 1965, 1957 to 1961 and 1953 to 1957.

Mr. Denzil Davies,

pursuant to his reply [Official Report, 6th March 1978], gave the following answer:

Between 1973 and 1977, gross domestic product—based on output data—fell by around ½ per cent. Although comprehensive employment data are not yet available for 1977 as a whole, it is estimated that output per person employed will have changed little over this period. The percentage changes in output per person employed for the whole economy over the required four-year periods are as follows:

CHANGE IN OUTPUT PER PERSON EMPLOYED WHOLE ECONOMY
Percentages
1953–57 +7.1
1957–61 +9.3
1961–65 +10.7
1965–69 +11.8
1969–73 +11.5

Source:

1953–61 Economic Trends October 1968

1961–73 Economic Trends Annual Supplement 1977.

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