With recent statistics highlighting that unemployment is set to rise in 2012 to 8.8% from the recently reported current 8.3% – will this put further strain on small businesses? It has been reported that a third of small start up businesses find it difficult to hire suitable employees who are skilled enough for specific jobs. [...]
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Small businesses plan staff cuts in early 2012
It was reported yesterday, 17 January, 2012, that small businesses are shedding staff due to the lack in confidence in the economy – with further cuts to take place in the next three months. This encouraged the Federation of Small Businesses (FSB) ‘Voice of Small Business’ index to conduct a survey to collect findings on [...]
Unemployment Records Broken
ONS statistics show another increase in unemployment levels by 281,000, to 2.38million in the three months to May. This is an increase of 7.6%, the highest for over 10years. Unemployment benefit claimants rose by nearly 24,000 in June, reaching 1.56million. This, overall, is still less that was predicted by analysts. Particularly hit are young people, [...]
Unemployment Records Reaching New Heights
The Office for National Statistics (ONS) records show that that unemployment on the UK is still on the rise with the number increasing by another 244,000 in the first three months of 2009 to reach 2.22 million. In percentage terms, this puts the number of people that are currently without employment at 7.1%. Claims for [...]
Unemployment Seriously Damaging the Economy
Official figures are expected to show that the UK economy shrank in the first quarter of this year at the same pace that it did in the final three months of last year, which is obviously not necessarily going to be good for business. Analysts are predicting that the gross domestic product (GDP) will have [...]
10 People Seek Each Job
TUC has warned that, on average, for every job currently being advertised in the UK, there are 10 jobseekers. Figures show that this is twice the number of people who were claiming jobseekers a year ago, when there were 4 jobseekers for every job advertised. Though in some council areas, there are as many as [...]
Cost Cutting Steps – Cut Costs, Not A Job
Cut costs not a job… Cutting costs seem to be going hand in hand with redundancies but that is somewhat of a drastic step when there are a number of other solutions to the problem without losing any employees. After all it has been declared recently that it could actually cost a business more to [...]
Small Business Advice – What is a Recession?
What is a recession? We are well and truly deep into a recession now and so one of the first things we should all be aware of is the intricacies’ of what a recession is. We all have our ideas about what a recession involves, but not everyone shares the same definition of the economic [...]
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