00:00In terms of the labour market data that came out today, there was some really positive news in there that employment, since I became Chancellor last year, is 384,000 higher, so 384,000 more jobs in the economy than there were just over a year ago when I came into office.
00:20And although the number of people who are unemployed increased slightly on the quarter, the number of people who are economically inactive actually fell by much more, I think three times more, than the increase in unemployment.
00:34So some of those people who have been out of the labour market, often for long periods of time, are actually getting into work, and that's really encouraging.
00:42But the most important figure today is that there are 384,000 more people in work than when I became Chancellor.
00:50Is there more to do? Absolutely there is. Everybody who can work should be in work, and as a government we're committed to helping more people back to work.
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