§ 25. Mrs. Betty WilliamsTo ask the Secretary of State for Education and Employment what assessment his Department has made of the net cost of the New Deal for Young People. [132613]
§ Ms JowellWe have commissioned independent research on the net impact of the New Deal for Young People. The National Institute of Economic and Social Research (NIESR) published a first report in December 1999.
187WNIESR concluded that in its first year the New Deal had a positive impact on the levels of output and employment, and that the New Deal was close to self-financing because the extra activity it generated led to higher Government revenue.
A second summary report on the macroeconomic evaluation of New Deal, covering the first two years of the programme, will be published in the next few months.
§ 34. Mr. BaldryTo ask the Secretary of State for Education and Employment what he estimates to be the percentage deadweight in the new deals for employment. [132623]
§ Ms JowellThe information requested is not yet available, but will be assessed as part of the evaluation of each of the New Deals. Information on deadweight in the New Deal for Young People will be included in the second summary report on the macroeconomic evaluation of the New Deal for Young People, due to be published this year.