Redundancies on the Increase
Redundancies are to double in the first quarter of 2010
The downturn hits the public sector before the private sector has recovered.
A recent survey has revealed that employers from all sectors plan to cut 6.2% of their workforce in the first quarter of 2010, compared with 3.8% in the previous quarter.
The survey of more than 700 employers revealed that the balance of employers expecting to recruit and those expecting to cut staff across all sectors of the economy in the first three months of 2010 was still negative, at -5%, representing a continued fall from -3% in the previous quarter.
There was no overall return to growth in sight for the jobs market, despite the UK's emergence from the recession, the survey added.
This negative growth has been attributed to a bleak quarter ahead for the public sector, which recorded a net balance of -31%, down from -13% in the previous quarter.
But in the private sector the net balance was 5% as staffing numbers are set to grow for the first time since the start of the recession.
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