The Department for Business, Innovation and Skills has published the latest Private Sector Employment Indicator figures, covering May to July 2013. The Indicator shows whether, over time, dependency on the private sector for employment is increasing and how this rebalancing varies by region. Statistics are published for England and each English region.
Business Minister Michael Fallon said:
The figures published today show our efforts to rebalance the economy toward the private sector continue to bear fruit, with private sector employment for this quarter now at its highest level since 2009. This is welcome news but we must not be complacent. Through the industrial strategy we are working with businesses across the country to put in place the best conditions to foster growth and create jobs. And from next April the new £2,000 Employment Allowance will effectively remove the tax on jobs for around 450,000 businesses.
Today’s figures show private sector employment has risen to an estimated 59.1%, an increase of 0.7 percentage points (ppts) on the same period a year ago. This is the highest level for Q2 (May to July) since 2009.
All regions showed a fall in public sector employment for the Q2 2013 compared to the same period the previous year.