Redundancy activity jumps as private sector pay expectations remain low, new research from the CIPD and the Adecco Group shows
(WorldNews Health)

UK job prospects remain weak, with one in three (33%) organisations expecting to cut jobs in the third quarter of 2020, according to new research from the CIPD and the Adecco Group. The latest quarterly Labour Market Outlook report shows a 50% increase in the number of organisations expecting to cut jobs compared to the spring report, rising from 22% three months ago to 33% in this latest report. Twice as many private sector employers (38%) expect to make redundancies compared to the public sector (16%). The survey of more than 2,000 employers found that overall hiring intentions have increased, with almost half (49%) of employers expecting to take on new recruits in the next three months,...