Hit by the recession

by Sarah

A new BBC survey has found that 67% of those surveyed knew someone who had lost their job in the recession and that 40% of those surveyed feared losing their own job in the current climate.  69% of people felt that losing their job would be very damaging for their finances. 

There are also interesting results on consumer spending and the public perception of the recession.  34% think it will worsen, 12% felt it was improving and the 52% felt things would not improve for a while yet.

Here at PJH Law we continue to advise on redundancies and other more short term cost savings but have seen a reduction in this type of advice of late from the end of last year and beginning of this year.  How are you finding things…..

This entry was posted on Wednesday, July 15th, 2009 at 8:02 am and is filed under Redundancy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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