Economic prospects for the second half of 2012: Reasons to be pessimistic?

Hurricane Jova Oct 10 2011 1740ZAs the second half of 2012 gets underway, the economic outlook is uncertain, to put it mildly.

The crisis in the eurozone is ongoing.

The UK economy remains in double-dip recession.

Bank of England Governor Mervyn King warns that he is “pessimistic” about short-term prospects for the global economy.

XpertHR’s July 2012 economic commentary looks ahead to economic prospects of relevance to HR professionals and pay specialists over the next six months.

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