How is the Revenue going to survive the spending cuts? Some advisers have suggested that it might roll out more amnesties in the hope of increasing cost efficiency.
Dr John Philpott, the chief economist at the CIPD, believes that the executive search market will continue to grow because neither the public nor the private sector has the ability to find and retain highly skilled workers.
The latest JobsOutlook from the REC shows that the overall jobs outlook is still mixed, but in the short to medium term, employers are making more use of temporary agency workers and contractors.
For the six month period beginning March this year, nearly 40,000 new businesses have been launched, a rise of 13% on the previous period, according to a study from the Royal Mail.
Lloyds Banking Group recently announced it was to cut jobs, a move that will affect 1,150 umbrella company and limited company IT contractors in the UK.