Planned COVID redundancies are twice the amount seen in financial crisis of 2008
The IES believe that there will be 450,000 redundancies made this Autumn.
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Tag: Financial crisis
End of 2020 could see over a million young people unemployed
The Government should inject £3 billion to help avoid this dilemma.
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First time since 2008 financial crisis ‘we are entering an employer-led market’
Unemployment increased by 50,000 to 1.35 million in the three months to March.
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Letting staff go now more damaging than financial crisis of 2008
Despite companies now being in “better shape” to withstand a crisis.
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Employee engagement levels lower compared to 2008 financial crisis
However, 51 per cent believe working hours will become more flexible.
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Soros predicts financial crisis similar to 2008
Fabled fund manager George Soros has said that global markets is facing many risks, and the environment is eerily similar to that of the financial crisis in 2008.
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Household income has returned to pre-recession level, says IFS
Average household incomes have finally returned to pre-recession levels, but some age groups are still earning less than they did before the crisis.
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