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New Deal

Volume 455: debated on Thursday 25 January 2007

23. To ask the Chancellor of the Exchequer what assessment he has made of the effectiveness of the New Deal; and what further steps he plans to take to increase employment levels. (111044)

Since 1998, the New Deal has helped over 1.6 million people to find jobs, and contributed to a fall in the number of young people claiming jobseeker's allowance for more than six months from over 174,000 in April 1997 to 56,400 in January 2007. Independent research has shown the New Deal for young people's positive impact on the economy, with estimated benefits to the economy of up to £500 million a year.