Greengates Builders Merchants

Greengates Builders Merchants Accrington, Lancashire Looks At Reports Of Major Job Losses To Local Government Departments

New research has warned that the recovery in the jobs market will "stall" this year as demand for workers in the public sector falls.

The Chartered Institute of Personnel and Development (CIPD) have said that a third of employers expect to cut jobs in the next three months.

The public sector employers in particular are planning cuts, with 36% of them looking to lose staff.

The size of the cuts being considered has also increased, the CIPD said.

Across all sectors employers are expecting to make an average of 5.5% of their workforces redundant, the survey of 600 companies suggests, up from the 3.6% average cut being considered three months ago.

Gerwyn Davies, CIPD public policy adviser and report author said "The employment situation looks like a case of the good, the bad and the ugly.”

"While the number of employers planning to make redundancies is similar to that in the spring, this trend masks the true extent of forthcoming job losses in the third quarter of the year.

"This is being driven chiefly by public sector organisations, where redundancies will affect almost 8% of the workforce on average."

He added that a rise in unemployment over the medium term was now on the cards.

"The CIPD believes that a rise in unemployment in the next two years remains a distinct possibility as the private sector recovery is offset by the 600,000 public sector job losses the government expects over the next five years."

In October the scale of cuts to government departmental budgets will become clear when the government announces the results of its spending review.

Cuts of 25% are anticipated for most departments.

According to the CIPD's survey, job losses are most likely in local government.

 

Here at Greengates Builders Merchants we hope that the extent of job losses isn’t as bad as predicted.

 

Greengates Builders Merchants delivering to the whole of Lancashire including: Accrington, Blackburn, Burnley, Clitheroe, Darwen, Great Harwood, Haslingden, Padiham and Pendle.