Partner Article

Unemployment levels to increase, predict CEBR

The Centre for Economics and Business Research (CEBR) has predicted a bleak outlook for future job prospects, ahead of the release of the latest OMS unemployment figures out tomorrow.

Last month figures fell slightly to 2.65 million, but CEBR now believe that unemployment will continue to increase over the next 5 years.

Carmen Watson, the MD of Pertemps Network Group, said, “With unemployment decreasing last month and the number of people getting into part time work rising from 89,000 to 1.4 million, the outlook should technically look good for the future.

“However there is still more work to be done, particularly for vulnerable groups such as young people.”

She is now calling on the Government to increase the number of opportunities available to young people, whilst also providing the right support and advice to them on the current jobs market. By tailoring their job hunting strategies to the needs of job-seekers, they will be better equipped to enter the workforce.

Carmen added: “Wednesday’s figures will be a good indication of what the future holds. It is encouraging that unemployment fell last month but we mustn’t become complacent as businesses still have their fair share of challenges ahead.

“It is encouraging to see the government responding to these challenges by enabling job seekers to find employment through private sector initiatives but we must be prepared to see an altered jobs landscape compared to that which we have seen in previous years.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .