The economic recovery is still too fragile for small businesses to consider taking on new staff, it has been claimed. According to John Walker, national chairman of the Federation of Small Businesses (FSB), the latest unemployment figures clearly demonstrate the risks faced by small enterprises.
The Office for National Statistics reported this week that an additional 43,000 people were out of work in the UK between December and February, compared to the previous quarter. At eight per cent of the population - equivalent to 2.45 million people - the jobless rate has reached its highest level in 14 years.
Mr Walker claimed that while small businesses are, on the whole, increasingly confident for the future, a degree of caution is perfectly understandable. "Small businesses are at the heart of the recovery but still need support if they are to get us firmly on that road to recovery, and if they are to begin taking on staff again," he added.
APA, along with the FSB, is calling for a renewed economic stimulus to help small businesses continue to create jobs, get access to crucial finance, innovate and start up new businesses, to get the economy squarely on the road to recovery.
APA
The Office for National Statistics reported this week that an additional 43,000 people were out of work in the UK between December and February, compared to the previous quarter. At eight per cent of the population - equivalent to 2.45 million people - the jobless rate has reached its highest level in 14 years.
Mr Walker claimed that while small businesses are, on the whole, increasingly confident for the future, a degree of caution is perfectly understandable. "Small businesses are at the heart of the recovery but still need support if they are to get us firmly on that road to recovery, and if they are to begin taking on staff again," he added.
APA, along with the FSB, is calling for a renewed economic stimulus to help small businesses continue to create jobs, get access to crucial finance, innovate and start up new businesses, to get the economy squarely on the road to recovery.
APA
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