Margaret Thatcher in six graphs
With the debate swirling about Margaret Thatcher's legacy and her government's record, it's worth taking a look at what the cold, hard economic data has to say about her time in office. Of course, growth rates and unemployment figures can't tell us everything about a period, but they can at least provide a bit of substance to mix with the well-worn rhetoric. 1. Average growth. Under Thatcher, GDP rose by 29.4 per cent — an average of 0.6 per cent growth per quarter. (That's the same as the average growth rate from 1955 to 2013.) 2. Manufacturing jobs lost, but more service jobs created. A net of 1.6 million jobs were created under Thatcher. The manufacturing industry lost 1.9 million, while the services sector grew by 3.6 million. 3.