The worst effects of the economic downturn might be behind UK PLC but the situation for employment isn't entirely rosy. ONS statistics outline how things have progressed since 2005:
Taking pay settlements (low) and inflation (high) into account makes the picture even less appealing for employees.
* The redundancy rate is plotted on the same axis as the unemployment rate but is a rate per thousand, not a percentage. Source: Labour Force Survey
Via @mjcarty and Twitter, @danbarker
has just pointed out that Google Insights for Search can be used to construct a pretty similar time series to the one above by entering redundancy+pay:
Clearly individuals searching for information about redundancy pay is unfortunately not an academic exercise.