Jobs ‘crisis’ twice as bad as previous recession

A number of household names have announced redundancy plans since the pandemic began

© Getty Images
A number of household names have announced redundancy plans since the pandemic began

Employers in Britain are planning more than twice as many redundancies than they did at the height of the last recession, new figures show.

About 180,000 job cuts were planned from January to March 2009, while 380,000 were planned from May to July this year.

Completed redundancies could reach 735,000 this autumn, researchers say.

The figures were obtained by an Institute for Employment Studies (IES) Freedom of Information request.

Social distancing measures to prevent the spread of Covid-19 brought large parts of the UK economy to a standstill, forcing workers to stay at home, closing shops and bringing transport to a halt.

As a result, many businesses have been forced to consider reducing their workforces by making employees redundant.

Employers in England, Scotland and Wales must notify the Insolvency Service if they plan to

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Behind new jobs numbers are very bad signs for the economy, experts say

Waves of fresh furloughs are poised to hit American workers as companies wake up to the reality that the coronavirus is proving more intractable than they initially thought.

a person standing in front of a statue: Image: Unemployed workers Las Vegas

© Ethan Miller
Image: Unemployed workers Las Vegas

“The ‘V-shaped’ recovery is a mirage,” said Nick Mazing, director of research at data provider Sentieo. “We are seeing a permanent reduction in the size of several sectors in the economy.”


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While the economy added an estimated 1.4 million jobs in August, according to Friday’s government jobs report, the number actually points to a slowdown in the recovery. The total positions added is below the 1.7 million job gains for July, and far below the 4.8 million added in June.

The jobs report is based on a survey that is conducted during the week that includes the 12th of the month — but data that was collected after that period flashed warning

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Can a physically taxing job be bad for our brains?

Regular exercise helps to bulk up our brains and improve thinking skills, numerous studies show. But physically demanding jobs, even if they are being carried out in an office, might have a different and opposite effect, according to a provocative new study of almost 100 older people and their brains and work histories. It finds that men and women who considered their work to be physically draining tended to have smaller memory centers in their brains and lower scores on memory tests than other people whose jobs felt less physically taxing.

The study does not prove that physical demands at work shrunk people’s brains. But it does raise interesting questions about whether being physically active on the job might somehow have different effects on our brains than being active at the gym or out on the trails.

Most of us probably expect that physical activity is physical activity and its

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