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08/01/2002
Recruitment and Employment Confederation fears unemployment rise
The Recruitment and Employment Confederation has expressed fears over the future of the UK economy with warnings of rising unemployment.
Following the findings of a survey of national press advertisement pages, which showed that the volume of recruitment ads placed was up to 40 per cent lower in November 2001 than in the same period the previous year, the Confederation has predicted that UK unemployment will return to just above the one million mark. This would represent the fastest rate of decline in employment since the index was first compiled nearly 20 years ago.
The Confederation reported that the quantity of ads placed by private sector firms fell by almost 60 per cent in November, compared with six per cent for public sector organisations, which are backed by buoyant government spending.
The report comes as retailers and car dealers are reporting strong sales, however analysts believe higher unemployment could undermine consumer confidence which has kept High Street trading strong. (MB)
Following the findings of a survey of national press advertisement pages, which showed that the volume of recruitment ads placed was up to 40 per cent lower in November 2001 than in the same period the previous year, the Confederation has predicted that UK unemployment will return to just above the one million mark. This would represent the fastest rate of decline in employment since the index was first compiled nearly 20 years ago.
The Confederation reported that the quantity of ads placed by private sector firms fell by almost 60 per cent in November, compared with six per cent for public sector organisations, which are backed by buoyant government spending.
The report comes as retailers and car dealers are reporting strong sales, however analysts believe higher unemployment could undermine consumer confidence which has kept High Street trading strong. (MB)
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19 August 2002
Report finds mixed fortunes for recruitment industry
The annual recruitment industry survey, produced for the Recruitment and Employment Confederation (REC), has shown that despite overall growth in the recruitment industry, the last year was a tough one for the sector. The survey found that total recruitment industry sales grew by 5.9%, the number of staff employed in the industry had declined by 7.
Report finds mixed fortunes for recruitment industry
The annual recruitment industry survey, produced for the Recruitment and Employment Confederation (REC), has shown that despite overall growth in the recruitment industry, the last year was a tough one for the sector. The survey found that total recruitment industry sales grew by 5.9%, the number of staff employed in the industry had declined by 7.
01 November 2018
CMA Launches 'Stop Cartels' Campaign
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CMA Launches 'Stop Cartels' Campaign
New research has revealed that many firms don't know enough about how to comply with competition law, according to the Competition and Markets Authority's (CMA). Citing this research, the CMA has launched a cartel awareness campaign, which aims to educate businesses about which practices are illegal.
16 January 2002
Northern Ireland sees rise in unemployment
While the number of people without work in the UK has risen by 15,000 in the last three months, Northern Ireland has seen a more modest increase in unemployment - by only 0.3 per cent on the previous quarter. In addition, the increase in benefit claimants was lower than had been expected both nationally and locally.
Northern Ireland sees rise in unemployment
While the number of people without work in the UK has risen by 15,000 in the last three months, Northern Ireland has seen a more modest increase in unemployment - by only 0.3 per cent on the previous quarter. In addition, the increase in benefit claimants was lower than had been expected both nationally and locally.
03 August 2001
Eurozone holds steady on interest rates
THE European Central Bank (ECB) has held steady on interest rates following speculation that the eurozone may be able to avoid a recession in the manufacturing sector. The ECB announced its decision to maintain its interest rate at 4.
Eurozone holds steady on interest rates
THE European Central Bank (ECB) has held steady on interest rates following speculation that the eurozone may be able to avoid a recession in the manufacturing sector. The ECB announced its decision to maintain its interest rate at 4.
04 March 2002
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
Top Consignia directors decline 10 per cent pay hike
Two senior directors of postal company Consignia have decided not to accept a 10 per cent pay rise following anger among postal unions.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.
