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Strategies & Market Trends : The coming US dollar crisis

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To: benwood who wrote (33866)12/29/2010 7:42:55 AM
From: Giordano Bruno   of 71456
 
Raising fresh doubt over the pace of the UK's economic recovery, a report by the Chartered Institute of Personnel and Development (CIPD) warned 80,000 private sector and 120,000 public sector jobs will be lost next year.

"Add in the possibility of employment disputes and social discontent arising from the fiscal squeeze and public sector job cuts, and it's not hard to conclude that 2011 could prove to be a troubled year all around."

The CIPD forecast follows a report by Totaljobs.com, out yesterday, which warned unemployment is expected to rise in 2011 as the VAT increase hits employer and consumer confidence.

telegraph.co.uk
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