Treasury minister Alex Allinson says there currently two jobs for every person out of work on the island.
He faced questions in Tynwald this week about the growth of the island's economy.
Dr Allinson gave the figure when Onchan MHK Julie Edge asked if the Isle of Man was on track to hit three per cent GDP growth this year.
He said it was too early to predict economic growth, but other factors such as unemployment were encouraging:
Get involved in Island's first BJ Week!
The Isle of Man is taking part in Better Journeys Week this week.
Can you help find stolen car?
Police are renewing appeals for help finding a stolen car.
Five green lanes to close for TT
Five Island green lanes will be shut for the TT festival this year.
Burst water main means traffic lights on TT course in Kirk Michael
There'll be temporary traffic lights on the TT course tomorrow as workers tackle a water main problem.
Organisers call off Onchan pride event expected to attract 1,500 visitors
A huge pride event in Onchan won't go ahead this year.
DEFA deletes "downright offensive" two-headed chicken logo
The Department of Environment, Food and Agriculture says it's deleted a logo described in a Freedom of Information request as "dreadful", "downright offensive" and "simply slapdash".
Mountain Road closed for work tonight
The Mountain Road will close again this evening as the Department of Infrastructure carries out work before TT.
Lieutenant Governor to join Orange Army for TT duties
The Lieutenant Governor is getting revved up for the TT Festival, with plans underway to join the Orange Army next week.
