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Chartered Institute of Personnel and Development – Labour Market Outlook

“The quarterly CIPD/KPMG Labour Market Outlook [February 2010] aims to offer an early indication of future changes to the labour market around recruitment, redundancy and pay intentions. The survey is based on a survey of more than 700 HR professionals, who are mainly drawn from the CIPD’s membership of more than 135,000 HR professionals. The latest report, based on a survey of 748 HR professionals, offers no sign that the provisional estimate that the UK economy is now out of recession is leading to better job prospects. In fact, the employment outlook for the first quarter of 2010 has worsened slightly since the November 2009 report, despite the recovery in economic growth. Compared with three months ago, recruitment and redundancy intentions have remained stable. However, those employers that are anticipating making redundancies in the next three months are expecting to cut a greater proportion of their workforce compared with the previous quarter.”

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