According to the latest report in The Independent, in Britain, the forecast for the number of new jobs next year is the worst in a decade because private firms are recruiting fewer staff and the public sector is facing severe cuts. It warns that this could fuel a recession in Britain in 2008. Read the report for more………..
Employment rate set to slow to worst figure for a decade
By Amol Rajan; Published: 28 December 2007
The forecast for the number of new jobs next year is the worst in a decade because private firms are recruiting fewer staff and the public sector is facing severe cuts, a new report warns.
Fears are mounting that storm clouds gathering over the British economy, coupled with slowing global economic growth, could fuel a recession in Britain next year, as a decade of steady growth and low inflation threatens to come to a painful close.
Click below to read the full report:
http://news.independent.co.uk/uk/politics/article3289232.ece
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