Wednesday, 24 October 2012

The anatomy of public sector employment & what happens when it’s gone?

A new and highly informative study by the Work Foundation dissects the structure of public sector employment in 2012. Interestingly, FE and sixth form colleges have been moved out of public sector classification giving the false impression of 200,000 jobs being created in the private sector. Universities and Housing Associations sit outside of the public sector and instead are defined as Non-Profit Institutions. The report looks at the historical experience of cutting public sector employment (during the Thatcher and Major Tory Governments) and doubts whether the UK labour market can absorb the unprecedented cuts in the public sector workforce planned by the Con Dems over the next decade – inevitably leading to higher levels of unemployment and under-employment:
http://www.theworkfoundation.com/DownloadPublication/Report/323_Public%20employment%20final.pdf