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17/02/2014
Employment Growth Expected To Slow
The recent growth in the number of people employed is expected to slow again in the coming months, the Chartered Institute for Personnel and Development (CIPD) has said.
In a survey of 1,000 employers, CIPD found just over half of firms – 54% – would be increasing payrolls, down from 65% last year, with one in five companies adding that they would be cutting workers in the first three months of this year.
The current jobless rate, 7.1%, has fallen fast in recent months with the Bank of England maintaining that they would not consider lowering interest rates until level fallen to 7%. T
The Bank believes that the economy remains too fragile for higher borrowing costs despite jobs improvement.
CIPD also said that according to the survey pay rises were unlikely to overcome inflation, something that was needed to restore standards of life. Almost three in four employers said pay rises will increase 2% or lower in 2014 but inflation has only fallen to 2%.
(MH/JP)
In a survey of 1,000 employers, CIPD found just over half of firms – 54% – would be increasing payrolls, down from 65% last year, with one in five companies adding that they would be cutting workers in the first three months of this year.
The current jobless rate, 7.1%, has fallen fast in recent months with the Bank of England maintaining that they would not consider lowering interest rates until level fallen to 7%. T
The Bank believes that the economy remains too fragile for higher borrowing costs despite jobs improvement.
CIPD also said that according to the survey pay rises were unlikely to overcome inflation, something that was needed to restore standards of life. Almost three in four employers said pay rises will increase 2% or lower in 2014 but inflation has only fallen to 2%.
(MH/JP)
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18 April 2013
JobBridge Is A Pathway To Full-Time Employment – Coffey
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26 October 2012
Dáil Debate On Cuts To Employment Schemes In Co Galway
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13 September 2006
High employment figures for Northern Ireland
Figures released today show Northern Ireland has the highest number of jobs on record, while the unemployment rate remains below the UK average.
High employment figures for Northern Ireland
Figures released today show Northern Ireland has the highest number of jobs on record, while the unemployment rate remains below the UK average.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
