At least 600,000 jobs could go in the UK in 2009, according to a report by a personnel managers' professional body.
The Chartered Institute of Personnel and Development says even those who escape redundancy face pay freezes.
It says that while total unemployment will not hit three million, the time between New Year and Easter will be the worst for job losses since 1991.
According to official statistics, there were 1.86 million people out of work in the UK in October.
That figure was the highest since 1997, taking the overall unemployment rate to 6%.The CIPD, which represents managers and personnel staff, issued its gloomy forecast a day after children's retailer Adams joined a growing list of well-known chains applying for administration.
Chief economist John Philpott said: "This time last year, in the face of some scepticism, the CIPD warned that 2008 would be the UK's worst year for jobs in a decade.It was, but in retrospect it will be seen as merely the slow-motion prelude to what will be the worst year for jobs in almost two decades.
"The CIPD's annual barometer forecast is that the UK economy will shed at least 600,000 jobs in 2009."Overall, the 18-month period from the start of the recession in mid-2008 until the end of 2009 will witness the loss of around three quarters of a million jobs, equivalent to the total net rise in employment in the preceding three years."
Mr Philpott said job losses were likely to continue into 2010, taking the final toll to about one million.
The CIPD also surveyed 2,600 workers and found that more than one in four did not expect a pay rise next year, while others feared a wage cut.
The institute's reward adviser, Charles Cotton, said employees were "realistic about their pay prospects".
"Against this backdrop, employers will need to work hard to find new ways to motivate their employees to perform," he said.
Financial incentives and targeted investment in training and development could be effective ways to do this, he added.
"More than ever, this is a time where organisations need to engage in an open and straightforward communication with staff, clearly explaining the reasons for any difficult measures that will affect them," he said.
"This will help preserve staff loyalty and engagement even during times when unpopular decisions need to be made." .
How to Save $5000 on Forex Trading Training and Get it Free
Jerusalem, (ANTARA News) - Pesawat-pesawat perang Israel telah menghantam 230 sasaran di Jalur Gaza sejak Sabtu.
"Sebanyak 230 sasaran telah dihantam," kata jurubicara militer Israel seperti dikutip AFP. "Sasaran itu mencakup infrastruktur Hamas seperti gedung, depot senjata dan tempat peluncuran roket."
Israel melancarkan serangan pemboman besar-besarannya terhadap Hamas di Gaza sejak Sabtu pagi. Aksi itu adalah salah satu operasi militer terbesar terhadap wilayah yang mereka rebut dalam perang 1967 itu.
Sedikit-dikitnya 280 warga Palestina tewas dalam serangan gencar itu, sebagian besar dari mereka anggota Hamas, menurut dokter.
Hamas membalas dengan menembakkan puluhan roket ke Israel, yang hanya menewaskan satu orang dan melukai sedikit orang lainnya.(*)
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Forex Autopilot System - What I Got After Three Months Using It
Thursday, December 11, 2008
Over the next few lines I will tell you why and how I decided to try the Forex Autopilot System, and what has been the outcome after roughly three months using it. As to why I decided to get the Forex Autopilot System, there are basically three reasons:
1) I was looking for an investing option which offered a high yield, but I did not want to risk my money on some Nigerian phony HYIP website.
2) I had read a thing or two about forex trading and I knew there were big profits to be made there, so I decided to take on the forex market using some newly learned strategies. Of course at this point I had no idea that the Forex Autopilot System even existed.
3) I did rather well trading manually, but after some serious research I came to the conclusion that if I was to see consistent results within the forex market I would have to put my hands on a reliable forex system.
Now, how did I end up choosing the Forex Autopilot System?
First, as any of you would, I started by Googling my search and read about various systems which offered automated and semi automated trading.
Secondly, after a lot of research on the subject I developed a preference for the Forex Autopilot System, based on most of the opinions and comments I found, however, I remained a bit cautious until I finally landed on a website providing reviews about several systems designed to make money online in various ways. After reading their evaluation, I was convinced that my hunch was right, and if I was going to try an automated forex system it had to be the Forex Autopilot System.
Indeed, the Forex Autopilot System was regarded by many as the best forex system available, and it would deliver three things particularly important to me:
a) An 8 week money back guarantee, which is essential because any system of its kind needs some getting used to.
b) The system is fully automated, meaning that it places the trades all by itself during the day or night.
c) The system has a success rate of over 90% winning trades, so I knew that I was in for the consistency I was after.
How have I done after three months?
Well, during the first month the results were simply unbelievable, as the Forex Autopilot System placed 42 winning trades for a profit $4,200. However, on the second month the statistics came into play and the Forex Autopilot System placed 37 winning trades against 2 bad trades, this time for a profit of $2,830. The third month was a little different, but still the Forex Autopilot System placed 33 good trades and just a bad one for a profit of $2,780.
So as you can see, after three months, I could not say the Forex Autopilot delivers a perfect performance, because it does not, but what it does deliver is consistency and a high level of accuracy, which is precisely what I wanted and what you should be looking for in a system like this.
I invite to visit the site where I found the information that helped me make my mind about the Forex Autopilot System at: http://www.specialonlinebusinessreviewauthority.com
Also, for free resources about forex and other ways to make money online, please visit my website at: http://theworkathomentrepreneur.com.
