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UK: Out of recession but jobs still in danger
A survey conducted by the Chartered Institute of Personnel and Development (CIPD) has found that despite the UK coming out of recession, almost one third of public sector employers expect to cut jobs this quarter.
Unemployment currently stands at 2.46 million, with the latest unemployment figures to be announced next Wednesday.
The CIPD survey revealed that more than 700 employers across all sectors plan to cut 6.2% of their workforce in the first three months of 2010, compared with 3.8% last quarter, with public administration and defence being the major victims in the public sector. On the other hand, the outlook for the private sector is more positive with employee numbers expected to grow for the first time since the recession began.