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Economy 'too fragile' for small firms to take on new staff, says FSB

April 21st 15:04 Cost Management 

Small businesses in the UK, including those using effective facilities management, are unable to ease unemployment due to the "fragile" economic recovery.

Earlier today (April 21st) the Office for National Statistics revealed that UK unemployment increased by 43,000 to 2.5 million in the three months to February 2010.

This is the highest level the country has seen since the quarter ending December 1994.

According to the Federation of Small Businesses, the figures mean the economic recovery of the UK is too "fragile" for small businesses to take a risk on new recruitment drives.

John Walker, the organisation's national chairman, said: "The 'FSB Voice of Small Business Index' shows that small firms 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."

"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 us squarely on the road to recovery."
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