Large-scale job losses in the public sector are cancelling out any recovery in the private sector, according to new figures from the Chartered Institute of Personnel and Development (CIPD) and KPMG.
The Labour Market Outlook, a net employment index, shows more than half of public sector organisations are planning redundancies in the second quarter of 2011. The survey also forecasts pay inflation may pick up in the next 12 months, with average pay award expectations rising to 1.7% from 1.3%, but public sector employers predict pay to increase by just 0.3% over the coming year.
