Official statistics show the UK has had a huge drop in employment since the start of the pandemic. With a rise in unemployment, the biggest fall in jobs for 18-24 year olds on record, and steep declines in employment in many industries, it’s becoming increasingly clear that we're looking at a crisis of mass unemployment.
Redundancies are up 45% between the first and second quarters of 2020, and they're set to rise further as government support to employers is reduced. It's particularly hitting women, with a 79% rise in the number of women being made redundant.
This is a worrying enough time for everyone at work, but the prospect of losing your livelihood will be a real concern.
If you think there's a potential for job losses where you work, it pays to prepare yourself. There are laws around what your employer can and can't do here, and what pay and notice they need to give you. Find out more by looking through our redundancy guidance section.
You might also like to register for some new free advice webinars from the TUC in October and November. Presented by legal experts, they'll give you an overview of your rights around selection for reundancy and redundancy pay, what a typical redundancy process looks like, and what your options might be.