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Home > Feature Articles > Recession to Force More Redundancies
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Posted 14th August 2009 at 09:41am by David McRae:

Recession to Force More Redundancies

Update 55 - In tough conditions employers face tough choices. 

It has been widely reported in the Press that unemployment in the UK has risen to 2.43 million. This figure is taken from the Office of National Statistics Labour Market Report that was published on 12 August 2009.

 

The statistics show that the number of redundancies in the three months up to June 2009 was 277,000, which was down 9,000 over the quarter but up 150,000 over the year.

It will not come as breaking news that businesses continue to experience difficult trading conditions in the current recession and that many, if not most, have had to look to control or reduce their cost base. Among the measures that companies may have taken, or may be considering, is the possibility of making redundancies.

Recession to Force More Redundancies
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