As June 2012 arrives, the longed-for green shoots of economic recovery remain conspicuous by their absence.
The UK economy is stuck in double-dip recession.
And there is a growing sense that any recovery will be protracted.
The June 2012 economic commentary from XpertHR looks at research suggesting that the UK and European economies could be stuck in a so-called "austerity trap," and asks whether the Coalition Government's radical programme of employment law reform can achieve its professed aim of boosting growth.
We also report on latest data relating to pay awards, inflation and unemployment, and consider how UK HR departments are coping with the ongoing challenges of the harsh economic climate.