CIPD's annual Labour Market barometer has shown that the creation of jobs in the UK will reach 30 million before the next general election in 2015. The market in 2012 has proven to be a mystery at times so forecasting has been awkward according to the institutes Chief Economist Mark Beatson. Four factors have been highlighted as the reasons for the private sector experiencing strong jobs creation: Employers keeping labour costs down through offering wage rises below inflation Labour hoarding – retaining skilled staff Increased supply of workers Flexibility of the UK employment market. After a sustained tough period for many who have been unemployed, lets hope 2013 provides an early indication of what we can expect from the rate of growth in the jobs market.