According to this week’s Recruitment and Employment Confederation (REC) and KPMG Report on Jobs, the number of job vacancies hit an eight-month high in March, and although competition for new vacancies was strong, many analysts are predicting that unemployment is beginning to top out. Currently the unemployment rate stands at…
Despite continued concern within the public sector about job cuts and pay freezes, figures show that on average public employees are paid between 7.7 % and 8.7% higher than people working in the private sector. The figures, produced by the Office of National Statistics (ONS) for 2011, indicate that not…
It is common knowledge that the public sector is facing a big squeeze. According to the latest figures from the Office for Budget Responsibility, between 2011 and 2017 the UK will see the loss of 730,000 public sector jobs. Although this will have a massive effect nationwide, there are concerns…
Buoyant economic data released on 4th April suggests that the UK is likely to avoid slipping into a double dip recession. Figures from the latest Markit/CIPS survey showed that Britain’s services sector has grown consecutively for the past 15 months, expanding by as much as 0.5% in the first…
The recent news that the Royal Bank of Scotland and Lloyds are to shed another 2,000 jobs is the latest in a long line of reports of financial services job redundancies in these uncertain economic times. It is not just the financial services sector that is affected by redundancies, however:…
The unemployment figures for February 2012 make for gloomy reading.
According to the Office for National Statistics (ONS), 7,200 people were added to the unemployment register representing a 12th straight month of rising unemployment. The unemployment rate now stands at 8.4%, the highest level since 1995. However, hidden within the…
