David Cameron and George Osborne are due to appear in Nottingham today to promote the Government's national infrastructure plan, which they claim will create 150,000 jobs.
A rise in the number of 'hidden jobless' means although headline unemployment has remained below 2.5 million, in reality it is above 4.5 million, the CIPD claims.
HR has an increasingly important role to play in businesses that move to employee ownership, the minister for employment relations and consumer affairs Jo Swinson said.
The national minimum wage will rise by 20p to £6.70 an hour from October, the government has announced.
Employers in new companies could be given a national insurance contribution holiday for new staff in a bid to create 60,000 jobs.
Research revealing that 5.2 million British workers are now low-paid demonstrates an increasing disparity between the lowest and highest paid, according to TUC general-secretary Frances O'Grady.