Thursday, February 14, 2013

Xpert HR economic commentary February 2013: No easy way out 

 

The snow that brought much of the UK to a halt last month may have melted, but the economy remains in the deep freeze.

The economic picture is a complex one and the route back to growth will be challenging, XpertHR's economic commentary for February 2013 finds.

The economy is shrinking again, raising the risk of an unprecedented triple-dip recession. Persistently high inflation and ongoing subdued pay awards look set to make recovery even more challenging. Yet the labour market continues to go from strength to strength. 

 

Nikita Kumari 

PGDM-IV

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