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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.
11 April 2002
UK new investment projects fall
The latest Ernst & Young European Investment Monitor survey has revealed that the number of new investment projects into Europe in 2001 fell by 12 per cent on 2000 figures. Countries that performed poorly in 2001 included the UK with a 34 per cent decline from 575 projects to 377.
UK new investment projects fall
The latest Ernst & Young European Investment Monitor survey has revealed that the number of new investment projects into Europe in 2001 fell by 12 per cent on 2000 figures. Countries that performed poorly in 2001 included the UK with a 34 per cent decline from 575 projects to 377.
01 November 2018
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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.
02 October 2001
NI lags behind UK in designating stakeholder pensions
Only two thirds of Northern Ireland businesses have designated a stakeholder pension provider compared with the UK average of 85 per cent a new report shows.
NI lags behind UK in designating stakeholder pensions
Only two thirds of Northern Ireland businesses have designated a stakeholder pension provider compared with the UK average of 85 per cent a new report shows.
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