Does Britain face a prolonged jobs deficit?
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Does Britain face a prolonged jobs deficit?
Published 13 Jun 2010
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The CIPD concludes that economic growth in the next few years has only to be slightly weaker than the +2.5% per annum forecast by the Office for Budget Responsibility (OBR) for the jobs outlook to look a lot worse than the Coalition Government hopes.Examining the scale of looming public sector job cuts and making comparisons with various job recoveries since the 1980s, the CIPD predicts that Britain is facing at least half a decade of serious jobs deficit.
This report summarises the Work Audit feature from the summer 2010 issue of Impact, our quaterly magazine for Chartered Members.