3.7m out of a job since 2008
AROUND 3.7MILLION people have been made redundant since the recession in 2008 – one in seven of all employees – according to a new study.
Almost two-thirds of those losing their jobs were men, with most redundancies reported in 2009.
The last two years have been the worst for women losing their jobs, reflecting public sector spending cuts, said The Jobs Economist consultancy.
The research, published ahead of the latest unemployment figures on Wednesday, showed that redundancy rates since 2008 have generally been lower than in the late 1990s and early 2000s.
Dr John Philpott, director of The Jobs Economist, said: “It’s symptomatic of a longer-term structural change.”
Unemployment stood at 2.49million last month.