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Jobs market slow, painful contraction predicted

The UK labour market faces a “slow, painful contraction” with firms delaying recruitment of more staff, a key report suggests today.The Chartered Institute of Personnel and Development (CIPD) predicted the jobs market would worsen in the medium term amid global economic “turmoil”. Its quarterly survey of 1,000 employers found firms’ future hiring plans dwarfed by [...]

November 14, 2011 · Mr Jobs · No Comments
Tags: Cheltenham Jobs, Cotswold Jobs, Gloucester Jobs, Gloucestershire Jobs, Home Based Jobs, Home Businesses, Home Working, Redundancy, Stroud Jobs, Tewkesbury Jobs, Unemployment Rises, Work From Home · Posted in: Cheltenham Jobs, Cotswold Jobs, Earn Money, Forest Jobs, Gloucester Jobs, Gloucestershire Jobs, Home Based Jobs, Home Businesses, Home Jobs, Home Working, Part Time Jobs Tewkesbury, Stroud Jobs, Tewkesbury Jobs, Uncategorized

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  • UK unemployment falls by 45,000
    UK unemployment fell by 45,000 to 2.63 million in the first three months of the year official figures have shown.The jobless rate fell to 8.2%, the Office for National Statistics said. Youth unemployment was down by 17,000 to 1.02 million. But the number of people unemployed for more than a year increased by 27,000 to […]
  • UK service sector growth slows PMI survey shows
    Growth in the UK’s dominant service sector slowed in April but remained “solid” according to the Purchasing Managers’ survey.The Markit/CIPS services purchasing managers’ index (PMI) fell to 53.3 last month from 55.3 in March. A number above 50 still indicates growth. The survey found that profit margins were under pressure from a “strong” rise in […]
  • Shop failures cost 10,000 jobs in first quarter
    The number of retailers entering administration in England and Wales in the first quarter of this year was up 15% on a year earlier, says Deloitte.The business consultant says 69 firms failed during the three-month period, compared with 60 a year earlier. “The number of job losses that came as a result of these administrations […]
  • UK retail sales revival illusory
    Any revival in sales on the UK High Street “remains illusory” the British Retail Consortium (BRC) has warned.It comes as the BRC’s latest monthly figures showed that like-for-like UK retail sales – which pulls out new store openings – fell 0.3% last month, compared with February 2011. It added that while food sales rose, helped […]
  • RBS and Lloyds detail 1,900 job cuts
    The part nationalised banks RBS and Lloyds have announced that they will cut 1,900 jobs between them.RBS, which is more than 80% owned by the taxpayer, is cutting 460 jobs, leaving it with a net loss of 300 posts as it is creating 150 elsewhere. Lloyds, which is 40% owned by the taxpayer, said it […]
  • UK jobless total to rise by 100,000 over summer
    Some 100,000 more people will be without a job before the end of the summer, according to a new report.The IPPR think tank says unemployment may not peak until at least September, and that it could be 18 months before the UK jobless total falls. North-west and eastern England, London, and Yorkshire and Humberside will […]
  • Empty shops rate hits record new research shows
    The proportion of shops in Britain lying empty has hit a new record of 14.6% in February, according to figures compiled by the Local Data Company.Vacancy rates had begun to stabilise at the end of 2011, but they have risen in January and February, the LDC said. It is further evidence of a difficult start […]

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