Job Market

700,000 jobs at risk as end of furlough scheme draws near

Over 700,000 employees are at risk of being made redundant in the second half of 2020, research from Institute for Employment Studies (IES) has revealed.

IES estimates that some 650 thousand redundancies are expected in the second half of 2020, with 445 thousand redundancies in the three months

eptember and a further 205 thousand redundancies between October and December. However, this figure could top 700,000, driven by a larger proportional increase in actual redundancies relative to redun

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