According to a survey of 2000 employers conducted by the British Human Resources Association (CIPD) and Adecco of Switzerland, one in three employers in the UK has decided to lay off staff this quarter, according to a survey of 2000 employers conducted by CIPD and Adecco. The problem is particularly serious in the private sector, with nearly 40% of employers expecting to lay off workers. This also highlights the rising risks in the labor market after the British government withdraws capital.
in addition to jobs, wage growth seems to be curbed, with employers planning to raise wages by 1%, up from 2% in the same period last year.
after months of epidemic blockade, massive unemployment is enveloping the British economy. As of August 2, the British government had paid 9.6 million jobs at a total cost of 33.8 billion pounds (307.7 billion yuan). Although many companies are still struggling, the British government has begun to gradually reduce the program’s spending. The Bank of England warned last week that the country’s unemployment rate would rise to around 7.5 per cent by the end of 2020.
gerwyn Davies, senior labour market adviser at the British Human Resources Association, said: “so far, the rate of layoffs has been very low, which is undoubtedly the result of the retention work plan. But we expect more layoffs by the fall of this year, especially in the private sector, once the program is stopped. At the same time, there may be a reduction in employees’ wages. It is destined to be a gloomy autumn