date:Aug 14, 2012
y will have to make job cuts if the economy fails to improve, according to a report from does not pick up, according to a report from the Chartered Institute of Personnel and Development (CIPD).
Its survey revealed that a third of private sector employers had kept on more staff than they needed to avoid losing skills.
Unemployment
While unemployment has been falling, nearly two-thirds of survey firms said they would have to shed jobs if economic growth did not improve in the next year.
The O