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– CIPD and KPMG Research Expects UK Employment Recovery to Stall

Research conducted by the Chartered Institute of Personnel and Development (CIPD) and accountancy firm KPMG asserts that recent decreases in the UK’s unemployment levels will not last.  Findings from their research showed that 36% of public sector businesses were intending to make redundancies, with an overall balance of minus 35%.

CIPD believes that a rise in unemployment in the next two years remains a distinct possibility as the private sector recovery is offset by the 600,000 public sector job losses.  More specifically, the report predicts that the majority of job cuts will occur within local government.

KPMG’s Head of Public Sector, Alan Downey, said

“The big question is whether the private sector can create new jobs in sufficient numbers and quickly enough to offset the downturn in the public sector”

Sources KPMG


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