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Jobs gloom.

NEXT year could be the worst for jobs in two decades, with 600,000 workers facing redundancy, a new report predicted today.

The Chartered Institute of Personnel and Development (CIPD) warned that when the recession ends, more than a million jobs could have been lost in the UK.

The institute, which represents managers and personnel staff, forecast that unemployment will stop short of three million, but it warned that the period between New Year and Easter will be the worst for redundancies since 1991.

Chief economist John Philpott said: "This time last year the CIPD warned that 2008 would be the UK's worst year for jobs in a decade. It was, but in retrospect it will be seen as merely the slow motion prelude to what will be the worst year for jobs in almost two decades."
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Publication:Evening Chronicle (Newcastle, England)
Date:Dec 29, 2008
Words:137
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