Private sector job numbers continue to grow
The number of people being employed in private sector jobs in the UK is continuing to increase, according to the latest government figures.The data reveals that, although unemployment has risen by 128,000 to 2.64 million in the three months to October, the number of private sector jobs rose by 5,000 between the second and third quarters of the year.
With the impact of public sector cuts being felt across the UK, it appears as though the private sector is absorbing many workers who have been forced to leave their roles.
Dr Neil Bentley, CBI deputy director-general, said the figures reflect how tough things are in the economy.
"There's more positive news that, even as growth slows, numbers of private sector jobs have still been growing. But with public job losses falling faster, it's vital that the government does everything possible to secure the private sector recovery," he added.
This could be achieved by increasing exports, helping mid-sized companies, and attracting new investment into the UK infrastructure.
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Posted by John Oak and Wayne Bly
