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Jobs market to ‘stall’
Recovering in the UK's job market will stall as demand for workers in the public sector falls, according to new research from the Chartered Institute of Personnel and Development (CIPD).
The CIPD's data shows that a third of employers expect to cut jobs in the next three months.
The worst of the job losses will occur in the public sector, with 36% of those surveyed looking to lose staff.
Across all sectors employers are expecting to make an average of 5.5% of their workforces redundant, up from the 3.6% average cut being considered three months ago.
"The employment situation looks like a case of the good, the bad and the ugly," said Gerwyn Davies, CIPD public policy adviser.
"While the number of employers planning to make redundancies is similar to that in the spring, this trend masks the true extent of forthcoming job losses in the third quarter of the year."
The CIPD have predicted that a rise in unemployment figures over the next two years is a very real possibility.
Post Date: August 9th, 2010
The CIPD's data shows that a third of employers expect to cut jobs in the next three months.
The worst of the job losses will occur in the public sector, with 36% of those surveyed looking to lose staff.
Across all sectors employers are expecting to make an average of 5.5% of their workforces redundant, up from the 3.6% average cut being considered three months ago.
"The employment situation looks like a case of the good, the bad and the ugly," said Gerwyn Davies, CIPD public policy adviser.
"While the number of employers planning to make redundancies is similar to that in the spring, this trend masks the true extent of forthcoming job losses in the third quarter of the year."
The CIPD have predicted that a rise in unemployment figures over the next two years is a very real possibility.
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Post Date: August 9th, 2010
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