With an estimated 500,000
public sector jobs set to go over the next four years, the figures raise the possibility of unemployment edging towards the symbolic figures of three million unless, as the coalition hopes, rapid growth in the private sector stymies the impact of redundancies.
Not exact matches
Over a million
public sector workers are
set to take industrial action against the government in a series of rows over pay, pensions,
jobs, conditions and spending cuts, according to union figures.
There is «apparently no credible plan» as to how to replace the 490,000
public -
sector jobs set to be lost, he said at Monday's CBI conference, in his first speech to business leaders since he was elected as party leader last month.
Public sector staff in eight more prisons have learned they face privatisation just two weeks after
job cuts were announced by the company
set to take over Birmingham prison, the
Public and Commercial Services union says.
Hundreds of thousands of
public sector jobs are threatened, pay is being frozen or
set below inflation and the government has made it clear it will implement Lord Hutton's proposals on
public sector pensions, meaning civil and
public servants will pay more and work longer for a lower pension.
Anecdotal data also suggest that, even
setting aside the enormous benefit of the
job security that accompanies tenure, the fringe benefits of
public school teachers compare favorably with those in the private
sector.
The fact that teaching
jobs were shed after these recessions were officially over should not be surprising, given that school budgets are
set, teacher contracts are made, and federal and state funding are allocated ahead of time, causing the
public - school
sector to respond to tough economic times more slowly than the private
sector.
Carillion, one of Britain's largest construction companies, which has a number of high - profile
public sector contracts and employs around 20,000 people in Britain alone, is
set for liquidation, putting
jobs and pensions at risk.