The private sector -
including those in possession of business insurance
- should be given encouragement to create more jobs.
So claims David Kern, chief economist for the British Chambers of Commerce, who
asserts that by removing red tape the government can help small and
medium-sized firms to create a greater number of job opportunities.
"The government must do everything in its power to encourage job creation
in the private sector. Reducing the significant regulatory burden would encourage
small and medium-sized businesses to create more jobs," he states,
comments that business insurance policyholders may wish to be aware of.
Speaking following the release of labour market figures from the Office for
National Statistics, he claims that despite a rise in employment rates
"there is no room for complacency", particularly as long-term
unemployment has increased over the past three months.
Business insurance customers may want to bear in mind previous comments from Mr
Kern that the impact of government spending cuts could mean unemployment
numbers reach 2.65 million before the middle of next year
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