Cutting the amount of red tape faced by businesses in the UK could be a crucial factor behind improving the health of the country's employment sector.
That is if comments made by David Kern, chief economist of the British Chambers of Commerce (BCC), are anything to go by, as he spoke of the measures the government should take following the publication of negative jobs data.
According to figures released by the Office for National Statistics earlier this week (October 12th), unemployment rose by 114,000 throughout the three-month period leading up to August, while employment dipped by 178,000.
This is indicative of the fact that redundancy is becoming a more widespread issue, but Mr Kern feels that a revamp of the employment law system could prevent this trend from continuing in the future.
The expert called on the administration to "boost the private sector’s ability to create jobs" by reducing legislative restrictions, as this will enhance the wider economy.
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Posted by Francesca Witney