Job growth in Britain has slowed orientation.

Barclays Bank plans to cut 7,000 jobs in England in 2014. (Source: Daily Mail) it is predicted that the personnel and Development Institute (CIPD) published today, 17\/2 in the ladies quarterly about the prospects for the labor market. On the basis of the research and survey for 1,000 companies throughout the river san, British Institute of personnel and development said the small company will energetically expand the human resources rather than the corporations.

Meanwhile, employers operating in the reproductive sector-rebuilt bustle than the service sector. According to the survey of the British Institute of personnel and development, in a quarter, the ratio between the number of companies is expected to recruit more employees with company number expected layoffs to employees has dropped to 16 + with + 24 by three months ago.

The growth rate for jobs in southern England was also slightly higher than the North. Says Gerwyn Davies-Advisor to the labour market of the Institute of personnel and development, said that job growth slowed while the economy is still in recovery is not sudden.

There are some companies still have to overcome the consequences of the financial crisis-money that has gone into the day-to-day operations.

According to him, low productivity is also one of the reasons why most businesses can only increase wages for workers who need below the level of inflation. Economist Howard Archer of IHS Global Insight consulting firm said that job growth will be up when productivity improved, helping the company may expand the scope of user needs.

Although the British economy to recover momentum strong, but according to the survey results of the Institute of personnel and development, workers ' earnings rose insignificant. Institute of personnel and development he just raised the forecast of basic wage increases speed manoeuvre village in 2014 up 2%, slightly higher than the level of the previous quarter at least 1.

6 forecasts. In the past nine months, the labor market in the UK has made certain flourishes when the unemployment rate dropped from 7. 9% to 7. 1%. The unemployment rate is rising fast has forced the Central Bank of England (BoE) to have the adjusted for interest rate policy.

Previously, the British Central Bank confirmed they only raise the basic interest rates if unemployment falls below 7%. However, in permanent update inflation announced last week, the Central Bank did not mention the 7% threshold as a prerequisite to increase interest rates at the record low 0. 5 percent. According to Central Bank officials, interest rate policy will now be reviewed based on many different elements associated to the capacity of the economy.

If the 7% threshold set out previously, then the Central Bank will consider a wide range of indicators such as market need labour, salary rate, the difficulty of recruitment, of the average number of hours worked.