With the new decade well underway, the casual observer could be forgiven for finding the economic outlook distinctly optimistic. The economy has, after all, made a belated return to economic growth, signalling an end to the longest recession on record. But there are still reasons to be cautious, as the latest monthly economic commentary article from CELRE - XpertHR's specialist salary surveys unit - explains.
The UK economy is by no means out of the woods yet: any recovery is likely to be fragile at best; pay freezes could make a strong return in 2010; unemployment continues to rise, and could yet accelerate sharply; and the risk remains of a double-dip recession.
|
| Permalink | Email this |
