Institute for Research in Economic and Fiscal issues

IREF Europe - Institute for Research in Economic and Fiscal issues

Fiscal competition
and economic freedom


by ,

United Kingdom: 2.8 jobs created in the private sector for 1 public job lost

These figures, calculated by the IREF, point out what is happening in the United Kingdom governed by Premier David Cameron. Since the Tories arrived in power in 2010, between 500.000 and 600.000 public jobs disappeared while the private sector created 1.4 million jobs. Even if the United Kingdom is not doing better than the United States (1 public job disappeared while 5 private jobs were created), it is still doing much better than France. There, mass unemployment is increasing and it is out of the question to touch in one way or another to the public sector.

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