Monday, 1 September 2008

3.3 Million Workers Are Not Confident They Will Keep Their Jobs

According to a new YouGov poll commissioned by the TUC more than 3.3 million workers (13 per cent of the workforce) are not confident they will still be in their job in a year's time.

The report, found that that one in five Welsh workers fear job cuts, while 17% of Scots are worried they may find themselves out of work.

Workers in the east of England are the most optimistic. Only 7 per cent are not confident of being in their job in a year’s time. They are followed by workers in London, Yorkshire and the west Midlands where 12 per cent lack the confidence in being in their jobs in a year.

People who earn between £10,000 and £15,000 feel less secure about keeping their jobs whereas employees earning more than £50,000 seemed more confident. Non- Union members seemed less confident about being in their job in a years time compared to 48 per cent of union members who where optimistic about their employment.

Brendan Barber, general secretary at the TUC, said: "These poll findings show just how many people are getting worried about losing their job in the current economic slowdown. Of course, this does not mean that unemployment will rise by anything like three million, but it does show just how jittery people have become about the economy and their own job."

"The economy will inevitably slow this year and next, given the credit crunch and the impact of higher oil, food and commodity prices. But there is a real danger that if everyone thinks that the downturn will be deeper than it needs to be it will become a self-fulfilling prophecy."

"These findings add to the growing pressure on the Government and economic policy makers to put growth first by doing all they can to restore confidence and boost investment".

Author:
Chris Crawford is the MD of BD Recruitment a specialist recruiter for creative manager jobs, marketing management jobs and business analysis jobs, based in Manchester, UK.