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« National Minimum Wage rates increase from 1st October, 2011 | Main | Merry Christmas »
Wednesday
Apr132011

Job Demand Continues to Grow Within Private Sector

The next few months will still see a significant increase in redundancies within the Public Sector, but the private sector will still continue to create jobs, according to the latest quarterly labour market outlook study from the Chartered Institute of Personnel and Development (CIPD), with two thirds of public organisations looking to reduce the size of their workforces in the first quarter of 2011

Gerwyn Davies, public policy adviser at the CIPD, said: "The first quarter of 2011 was always going to be a quarter of reckoning for the jobs market, and it seems that last year's modest recovery will be reversed by a modest relapse this year. Encouragingly, the private sector continues to generate new jobs, while private sector jobs generation is encouraging, it's more important than ever that the Government continues its growth efforts in the private sector so as to offset the jobs gloom in the public sector."