We have also seen an acceleration of investment in the economy, for example in building and construction. Taking a slightly longer-term perspective, the strong recovery since 2013 has yielded several 2/8  BIS central bankers' speeches  important benefits. One of the most clearly tangible places we can all see this, is in the number of people in work.
Nearly 420,000 additional people have found employment since the low point of 2012. Nearly 2.3 million people are currently in employment, exceeding the peak of 2007. Crucially, growth in employment has been broad based across different sectors of the economy. For example, construction employment accounted for 1 in 9 jobs in 2007. Today, it makes up just 1 in every 16.