Public Sector Headcount grows by 5% YOY

Public Sector Headcount grows by 5% YOY

The revision by the OECD that Britain’s GDP growth for next year will be higher than initially thought will be welcome news to Rachel Reeves and Kier Starmer. Indeed, the increase has been from 0.4% when forecast in May, to 1.1% now. At a time when the Government are facing acrimony over their budget, and business confidence is deteriorating, it is important to understand though, that the reason why the forecast has been lifted is due to the planned investments into the public sector.

The public sector looks set to shrink this year, what next?

The public sector looks set to shrink this year, what next?

Government pressure on public sector spending sees vacancies drop. At the last count it was estimated there were nearly 5.9m people employed in the public sector, where just as importantly, that number has grown significantly over the last seven years.