Fraser Nelson Fraser Nelson

The British jobs miracle – explained in five graphs

The British jobs miracle continues – and in ways that continue to surprise. Your CoffeeHouse baristas have been crunching the numbers. They’re startling in a number of ways. For example:-

1. David Cameron’s record at job creation is better than any of his last four predecessors – including Tony Blair in a boom. See chart above.Screen Shot 2014-05-16 at 18.23.14

2. Jobs are being created so quickly that even the March Budget prediction is out of date. The above graph shows a dotted line, indicating the OBR projections. The thick red one, above, shows that we’re already ahead.Screen Shot 2014-05-16 at 18.21.33

3. British citizens are being hired Not always the same as British-born, you understand, but those holding a British passport are disproportionally benefitting in a way that has really taken off over the last year.Screen Shot 2014-05-16 at 18.30.13

4. And the young have caught up with the old. When the crash came, the going got tough – and the old got going.

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