Employment ‘may continue to fall after recession’

-

Unemployment may increase further after the recessionEven when the recession has come to an end, employment rates in the UK are still likely to fall, one sector commentator has noted.

Tony Dolphin, senior economist at the Institute for Public Policy Research, said a prediction on unemployment levels was difficult as the jobs market today was different to how it had been in preceding recessions.

He noted that optimists may argue that the current labour market is more flexible than was seen in the 1990s or 1980s.

"No-one really knows where the truth lies. Some jobs will be saved by job-cut packages, but whether that is enough to have a very significant effect, I guess my answer would be no," Mr Dolphin warned.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

His comments follow a report this week from the Trades Union Congress stating that the current recession is more like the deep 1980s recession than the more shallow 1990s downturn.

Furthermore, the findings noted that unemployment levels were also worse than seen in the previous two economic downturns.

Latest news

Exclusive: London bus drivers’ ‘dignity’ at risk as strikes loom over welfare concerns

London bus drivers raise concerns over fatigue and lack of facilities as potential strikes escalate long-standing welfare issues.

Whistleblowing reports ‘surge by up to 250 percent’ at councils as new rights take effect

Whistleblowing cases are rising across UK councils as stronger workplace protections come into force, though concerns remain about underreporting of serious issues.

Bullying and harassment to become regulatory breaches under new FCA rules

New rules will bring bullying and harassment into regulatory scope, as firms face rising reports of workplace misconduct.

Personalising the Benefits Experience: Why Employees Need More Than Just Information

This article explores how organisations can move beyond passive, one-size-fits-all communication to deliver relevant, timely, and simplified benefits experiences that reflect employee needs and life stages.
- Advertisement -

Grant Wyatt: When the love dies – when staying is riskier than quitting

When people fall out of love with their employer, or feel their employer has fallen out of love with them, what follows is rarely a clean exit.

£30bn pension savings window opens for employers ahead of 2029 reforms

UK employers could unlock billions in National Insurance savings by expanding pension salary sacrifice schemes before new limits take effect in 2029.

Must read

Don’t vilify the banks: all employers need to take staff health and wellbeing seriously

Recent news of the 21-year-old Merrill Lynch intern Moritz Erhardt’s...

Caroline Prosser: What is happening in employment law?

On 1 October 2012 the first phase of auto-enrolment...
- Advertisement -

You might also likeRELATED
Recommended to you