Private sector job creation not enough to offset public sector cuts

The Chartered Institute of Personnel and Development (CIPD) and KPMG’s quarterly Labour Market Outlook survey of 750 employers finds that redundancy intentions have risen to their highest level since the survey began. They are highest in the public sector where more than half (52%) of employers intend to make redundancies in the first three months of 2011. More than three-quarters (77%) of local government employers plan to make cuts to their workforces. One in three (33%) of employers say they will be looking to employ fewer people in 2011 as a result of the Comprehensive Spending Review... read more

HR magazine
Feb 11