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More UK jobs pain ahead, experts warn
The Chartered Institute of Personnel and Development (CIPD) said businesses in the first three months of this year were planning to shed jobs at the fastest rate since spring 2009.
UK unemployment is likely to hit 2.85m by the end of 2012 according to the CIPD, as tough business conditions undermine the private sector's ability to absorb the thousands to be axed from the public sector.
The latest available data from the Office for National Statistics showed 2.68m people were unemployed in the three months to November.
The survey of more than 1,000 employers by YouGov for the CIPD found that worsening employment prospects were the result of a sharp fall in business confidence in the past three months. ................(more)
The complete piece is at: http://www.telegraph.co.uk/finance/financialcrisis/9078943/More-UK-jobs-pain-ahead-experts-warn.html