Bangalore: One third of the bosses plan to make redundancies in the next three months, especially in the public sector. A poll of 600 employers found a major job cuts in the next quarter. More public sector employers were planning redundancies than in private firms reports the Chartered Institute of Personnel and Development (CIPD). A rise in unemployment in the next two years remains a possibility as the private sector recovery is offset by the 600,000 public sector job losses the Government expects over the next five years. Gerwyn Davies, Public Policy adviser at the CIPD said that the employment situation looks like a case of the good, the bad and the ugly. Most striking this time is that while the number of employers planning to make redundancies is similar to that in the spring report, this trend masks the true extent of forthcoming job losses in the third quarter of the year as the proportion of the workforce affected by these redundancy programmes has jumped by 50 percent. This is being driven chiefly by public sector organizations, where redundancies will affect almost 8 percent of the workforce on average. However, the medium-term employment outlook is likely to be weaker than the forecasts made by the OBR, where expectations are that employment is to increase by 200,000 next year. Government figures show the unemployment rate for the three months to May was 7.8 percent, down 0.1percent on the quarter. The number of unemployed people fell by 34,000 over the quarter to reach 2.47m. In October, the scale of cuts to government departmental budgets will become clear when the coalition announces the results of its spending review. Alan Downey, Head of public sector at KPMG, said that some public sector bosses still planned to recruit but at a much slower pace. "Managers in the public sector have woken up to the scale of the financial crisis that they face, and many are now contemplating redundancy programmes. In the months ahead we will see a substantial reduction in public sector headcount as the cuts begin to bite," he added