TITLE

Credit crunch yet to bite UK labour market

AUTHOR(S)
Brockett, James; Phillips, Lucy
PUB. DATE
June 2008
SOURCE
People Management;6/26/2008, Vol. 14 Issue 13, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents the results of a Chartered Institute of Personnel and Development (CIPD)/KPMG Labour Market Outlook survey, which reveal that recruitment and employment levels remain high despite the credit crisis in Great Britain. Thirty-seven percent of employers are planning to recruit more people, while 22 percent are planning to reduce jobs. However, the number of people claiming unemployment benefit increased by 9,000 in May 2008 to 819,300 in a four-month consecutive rise.
ACCESSION #
34109358

 

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