Cut hours not careers

‘CUT hours not jobs’ is the message from Derbyshire and Nottinghamshire Chamber of Commerce following the latest unemployment figures.

The August figures demonstrate that overall employment across Derbyshire has remained around 15,600 for the last two months.

George Cowcher, Chief Executive of the DNCC, said: “This suggests many firms are delaying decisions about whether to invest in their workforce until the trading environment improves.

He added that given the fragile state the economy is in – with many firms working below full capacity – the approach of reducing hours rather than jobs is ‘key to being able to meet new demand and grow quickly’ once the economy picks up.