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Thursday, 21 June 2012

Private sector support 'is in place'

Support is in place to help private sector organisations to continue creating jobs and help maintain stability the UK jobs market, the employment minister has claimed.

Chris Grayling made the comments after the government's new Labour Force Survey showed that 9.28 million people were in work in the UK from February to April 2012, with the overall employment level rising 166,000 on the previous quarter and 42,000 on the year.

Private sector employment was solid once again, rising by 205,000 on the quarter and 320,000 on the year to 23.4 million, and Mr Grayling said it will be important to maintain these increases in the weeks ahead.

He noted that there are more jobs available in the economy, with vacancies at 465,000, up 7,000 on the same time last year, while the number of people employed in the private sector has greatly offset the 39,000 fall in public sector employment.

"These figures show that with the right support in place it is possible for the private sector to create jobs while the public sector employment is falling," the employment minister added.

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Posted by John Oak and Wayne BlyADNFCR-1617-ID-801390571-ADNFCR

Source: The Sales Director News

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