Feeds

No jobs recovery for years

Public sector cuts jobs but services sector on the up

Reducing security risks from open source software

The UK jobs market won't show any signs of improvement for "several years" even if the economy returns to robust growth, a personnel body has warned.

The Chartered Institute of Personnel and Development warned today that the UK job market was "flat on its back".

While this might be construed as saying a decimated workforce was turning to the sex trade to tide itself over, what the body actually means is employment prospects are continuing to deteriorate, albeit at the slowest rate since the start of the recession.

The number of firms expecting to employ more staff in the three months to December was three per cent less than the number expecting to employ fewer. This -3 per cent balance was an improvement on the -19 and -10 per cent balances seen in the last two surveys.

However, the balance in the manufacturing sector was -21 per cent, while private sector service (consultants, bankers, etc) showed a positive balance of 11 per cent.

Private sector techies - who've been subjected to wage freezes, short time and the like over the last year - might be amused to see the balance in public sector administration was -18 per cent, as a tax-strapped public sector begins "shedding jobs significantly".

Gerwyn Davies, CIPD public policy adviser, said the UK jobs market was still flat, but "things aren’t anywhere near as bad as they were earlier in the year when redundancies spread through the economy like a virus".

He added, "With things looking up in one or two sectors there is mounting hope that the ongoing gradual decline in job prospects might run its course next year before unemployment reaches three million.

But even if robust economic growth occurs, the jobs market won't recover for some time, while a weak recovery could tip the market back into decline. ®

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.