CIPD forecasts 500,000 public sector jobs carnage‏

More than 500,000 public sector jobs could be axed in the next five years under a post-election squeeze on spending, which will be far greater than any of the main political parties were admitting, according to Chartered Institute of Personnel and Development (CIPD http://www.ft.com/cms/s/0/7b11dae4-4b05-11df-a7ff-00144feab49a.html) The CIPD claims that the jobs cull could lead to a 10% reduction in the5.8 million public sector workforce, "dwarfing" anything in the party election manifestos