‘Jobs boom’ despite tough times’

THE UK has enjoyed a jobs ”boom” despite the economic downturn and huge cutbacks in public spending, according to a new study.

A leading analyst said 2012 saw a ”remarkable” increase in employment, although it was coupled with a fall in labour productivity and a squeeze on pay.

The Jobs Economist said 2012 was the best year for employment growth since 2000, with previous jobs booms taking place during periods of a strong economy.

Director Dr John Philpott said: ”With the UK economy at risk of a triple dip recession, around 10,000 public sector jobs being shed each month and 2.5 million people unemployed, it sounds odd to suggest that we’ve just been through a jobs boom…”


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