75% of UK workers are confident that their job is secure
By Daniel Hunter
Legal & General’s new quarterly Job Security Index has been tracking British workers’ confidence in their job security since the start of 2012, and, despite gloomy stories that UK job creation has fallen to a three year low, British workers are feeling very positive.
Brits’ confidence in their future job prospects is strong across the board. Working adults employed in full time employment are slightly more confident about their job security (77%) than those engaged in part time employment (67%), but the overall message would appear to be that people are not currently worried about their job security.
Just 3% of the workers questioned for the Job Security Index believe that they are currently at risk of unemployment and less than one in ten, (8%) say they are looking for a new post which can offer them better job security. 29% believe that their current job is so secure that they are not actively looking for other jobs.
Legal & General’s Job Security Index, which is based on research conducted by You Gov, also asked UK workers what they would do if they were to lose their job. Nearly three in ten, 28%, UK workers said they would consider starting their own business and 37% said they’d consider working on a self-employed basis as a contractor or freelancer.
Workers in Northern Ireland were the most likely to consider starting their own business (31%), followed by those in the West Midlands (30%) saying that they would consider this as an option. Over half (55%) of all respondents said that they would consider working part time if they were to lose their job.
“It’s really encouraging and refreshing to see such levels of confidence by UK workers," Mark Holweger, Director of Legal & General’s general insurance business said.
"It’s also interesting to... continued on page two >