Jobs 'less safe than a year ago'

06-08-2008

Jobs 'less safe than a year ago'
Adults in the UK feel the credit crunch has made their jobs less secure, a poll has suggested.

Of the 2,000 people polled by Lloyds TSB, two-thirds said that job prospects were bleaker than they were last year.

A further quarter of people felt their job were less safe than a year ago.

There was also worry expressed over the future of the economy, as predictions for the coming year included a rise in interest rates and food and fuel prices.

Trevor Williams, chief economist at Lloyds TSB Corporate Markets, said: "If people don't feel safe in their job and high prices are putting incomes under pressure then demand for discretionary purchases will naturally slow."

He also commented that inflation and lack of job assurance equal a "lethal cocktail" for spending.

The Guardian recently reported that global food prices are up by 75 per cent, due to the increasing amount of crops siphoned off to produce biofuels.

Related categories: HR / Recruitment.


Bookmark with:
Bookmark with: Digg Digg Bookmark with: Del.icio.us Delicious Bookmark with: Reddit Reddit Bookmark with: StumbleUpon StumbleUpon Bookmark with: Google Google Bookmark with: Technorati Technorati Bookmark with: Netvouz Netvouz

See also:

Latest News:

Search News
News Front Page
Accountancy / Tax
Advertising / PR
Armed Forces
Automotive
Aviation / Aerospace
Banking / Finance
Charities / Voluntary
Childcare / Youth
Construction / Property
Customer Services
Education / Training / Teaching
Emergency Services
Engineering / Electronics
Entertainment / TV / Theatre
Graduate Roles
Health / Beauty
Hotel / Catering / Restaurants
HR / Recruitment
Insurance / Pensions
International / Overseas
IT / Internet
Legal
Management / Business
Manufacturing / Industry
Media / New Media / Creative
Medical / Healthcare
Pharmaceutical Industry
Public Sector
Retail / Wholesale
Sales / Purchasing / Marketing
Science / Technology
Secretarial / PA / Admin
Skilled / Semi-skilled Manual
Telecommunications
Transport / Logistics
Travel / Tourism / Leisure