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Osborne: Growth figures 'significantly up'

George Osborne has delivering his latest assessment of the state of the economy in the Autumn Statement, announcing that growth forecasts for the upcoming years are "significantly up".

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Employment expected to rise by 400,000 in 2013

Private businesses will create 3.1m more jobs by 2019, the OBR says. Credit: PA Wire

George Osborne says employment is expected to rise by 400,000 in 2013. Unemployment is forecast to fall from 7.6% this year to 7% in 2015 and 5.6% by 2018.

The Office for Budget Responsibility forecasts that private businesses will create 3.1 million more jobs by 2019, more than offsetting reductions in public sector workforce.

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