HRreview 20 Years
This field is for validation purposes and should be left unchanged.
Subscribe for weekday HR news, opinion and advice.
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

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

Felicia Williams: Why ‘shadow work’ is quietly breaking your people strategy

Employees are losing seven hours a week to tasks that fall outside their core job description. For HR leaders, that’s the kind of stat that keeps you up at night.

Redundancies rise as 327,000 job losses forecast for 2026

UK job losses are set to rise again as redundancy warnings hit post-pandemic highs, with employers cutting roles amid rising costs and economic pressure.

Rise of ‘sickfluencers’ and AI advice sparks concern over attitudes to work

Online influencers and AI tools are shaping how people approach illness and employment, heaping pressure on employers.

‘Silent killer’ dust linked to 500 construction deaths a year as 600,000 workers face exposure

Hundreds of UK construction workers die each year from silica dust exposure as a new campaign calls for stronger workplace protections.
- Advertisement -

Leaders ‘overestimate’ how much workers use AI

Firms may be misreading workforce readiness for artificial intelligence, as frontline staff report far lower day-to-day adoption than executives expect.

Cost-of-living pressures ‘keep unhappy workers in their jobs’

Many say economic pressures are forcing them to remain in jobs they would otherwise leave, as pay and financial stability dominate career decisions.

Must read

Owen Miles: Eight steps to prevent workplace violence

The workplace should be healthy and safe for everyone, and employers are expected to provide a working environment with welfare facilities...

Shared Parental Leave in the real world: challenges and opportunities

HRreview discusses Shared Parental Leave with My Family Care, Citi and Deloitte, analysing the lessons learned from the first few months of its implementation.
- Advertisement -

You might also likeRELATED
Recommended to you