The number of employees on payrolls has plummeted by 828,000 since the COVID-19 pandemic began, with the number of redundancies reaching a record high in September to November 2020.
Redundancies hit a new record high in the late summer and early autumn despite the easing of lockdown measures, new estimates from the Office for National Statistics have shown.
The number of employees on payrolls fell by 730,000 between March and July 2020 - the largest quarterly drop since 2009 - but recruitment bodies suggest there have been signs of recovery over recent weeks.
News: HR and legal information and guidance relating to the economy.
XpertHR is part of the LexisNexis® Risk Solutions Group portfolio of brands.
The materials and information included in the XpertHR service are provided for reference purposes only. They are not intended either as a substitute for professional advice or judgment or to provide legal or other advice with respect to particular circumstances. Use of the service is subject to our terms and conditions.
Copyright © 2021 LexisNexis Risk Solutions Group
© 2021 LexisNexis Risk Solutions Group.