Tuesday, December 30, 2008

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Britain faces 600,000 job cuts in 2009: study


Jobs Losses 'Worst For 20 Years' :
Some 600,000 British workers will lose their jobs in 2009 and a million could go before the worst is over, according to a study Monday giving the latest gloomy forecast on a deepening recession.

Around a million jobs may be lost in all before the economy starts to recover and the next three months will be the worst for job losses since 1991, warned the Chartered Institute of Personnel and Development (CIPD).

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