Over 20% of employees fear losing their job in next six months

unemployment

While 21 per cent of employees are concerned that they may be made redundant, in the North East and North West, 25 per cent employees report concern of this.

Younger employees (16-24 years old) are most concerned when compared to other age groups. In addition, employees concerned about co-workers being made redundant stands at 35 per cent. And a higher amount in the North West report concern, while only 26 per cent report concern in the East of England.

While some employees have expressed concern over being made redundant and others expressed optimism in a pay rise, with 30 per cent of employees, including those self-employed and not employed but looking for work, report optimism that they could find a job matched to their experience and current compensation levels in the next six months if they were to lose their current job.

Full-time employees are more confident than part-time employees when it comes to finding a new job within six months. Those self-employed are even more confident.

Geographically across the UK, employees in Wales are most confident in finding a new job in the next six months.