Charles Logan, director of the organisation's UK arm, said that the increase in employment seen in the latest official figures was "a step in the right direction" but cautioned that private sector gains were being cancelled out by losses in the public sector.
"In order for our economy to recover, the government has stressed the need for private sector job creation to placate public sector job losses," he said.
"Most of this is expected to come from small and medium-sized enterprises. But with swathes of red tape and stifling levels of bureaucracy still in place, many SMEs are struggling to create these jobs."
The employment rate for the three months to March 2011 was 70.7 per cent, up 0.2 on the previous quarter, according to findings released this week by the Office for National Statistics.
Source: Gradplus.com, Friday 20th May 2011
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