Tuesday 10 November 2009

Outlook for jobs will remain grim ‘for several years’

The Times
"Gerwyn Davies, public policy adviser at the CIPD, said: “The UK jobs market remains flat on its back. Things aren’t anywhere near as bad as they were earlier in the year, when redundancies spread through the economy like a virus — [however] the patient remains seriously weak and won’t recover for several years, even if a return to robust economic growth provides the necessary tonic, and could easily relapse if the recovery is as fragile and anaemic as many economists fear.”

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