Member Article

UK workers confident about job security

Legal & General’s new quarterly Job Security Index suggests that 75% of UK workers feel positively about future job prospects. 77% of working adults in full time employment felt confident in their job security, and compared with 67% in part time employment.

Only 3% felt at risk of unemployment, and 8% said that they are looking for a new job with better job security.

The index also showed that if UK workers were to lose their jobs, 28% would like to start their own business, and 37% would be self-employed as a contractor or freelancer.

Mark Holweger, Director of Legal & General’s general insurance business said: “It’s really encouraging and refreshing to see such levels of confidence by UK workers. It’s also interesting to see such a positive attitude towards potential unemployment, with so many keen to consider other employment options such as becoming self-employed or starting a business.”

“This increased confidence will hopefully be reflected in the consumer market to the benefit of the UK economy, as well as the individuals concerned.”

This was posted in Bdaily's Members' News section by Yu-Chih Lin .