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- Fresh Post January 4 Huge Increases in Travel Costs for Commuters
- Fresh Post November 29 Prime Minister Praises Thriving Freelance Industry
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- Fresh Post March 2 HMRC Increase Working From Home Allowance
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- Fresh Post October 19 Security Clearance Discrimination
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- Fresh Post September 13 IT contractors 'not making the most of their skills'
- Fresh Post September 10 IT suppliers meet with gov't to discuss cuts
IR35
- Fresh Post February 16 Civil Servants' Salaries Paid Direct to Ltd Companies.
- Fresh Post September 26 Dramatic decrease in IR35 Reviews
- Fresh Post March 29 IR35 announcement 'unsurprising'
- Fresh Post March 28 MacIntyre Hudson slams govt's IR35 position
Public sector job cuts 'cannot be absorbed by private sector'
IT contractors looking for work have been warned that private sector growth will not be enough to absorb the rise in unemployment.
According to the National Institute of Economic and Social Research (NIESR), the cuts that will have to come in public sector spending will lead to job losses that are likely to be greater than the number of new roles created by business growth.
Private firms are slowly coming out of the recession and experiencing growth, but it is weak, claims Simon Kirby, economist for the NIESR.
He said: "We have moved back into a period of economic expansion and it is good news.
"We just need to see those growth rates pick up before we can actually begin to make a dent into the unemployment stock, which we will probably rise by another 200,000 by 2011."
According to the Office for National Statistics the unemployment rate for the three months to February 2010 was eight per cent, which is the highest rate since the three months to September 1996.
Source:
Research Article 19752305
National Institute of Economic and Social Research: Job growth this year "will just not be strong enough to absorb the increase in the labour force"
According to the National Institute of Economic and Social Research (NIESR), the cuts that will have to come in public sector spending will lead to job losses that are likely to be greater than the number of new roles created by business growth.
Private firms are slowly coming out of the recession and experiencing growth, but it is weak, claims Simon Kirby, economist for the NIESR.
He said: "We have moved back into a period of economic expansion and it is good news.
"We just need to see those growth rates pick up before we can actually begin to make a dent into the unemployment stock, which we will probably rise by another 200,000 by 2011."
According to the Office for National Statistics the unemployment rate for the three months to February 2010 was eight per cent, which is the highest rate since the three months to September 1996.
Source:
Research Article 19752305
National Institute of Economic and Social Research: Job growth this year "will just not be strong enough to absorb the increase in the labour force"
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