A report is warning of a "hard year of slog" for workers in the new year.
Dr John Philpott, director of The Jobs Economist, believes workers can expect longer hours, a continued squeeze on pay and fewer jobs being created. His analysis suggests job insecurity will remain high, with workers having to maintain a "grin and bear it" attitude.
The outlook forecasts that pay deals would continue lagging behind inflation, leading to wage cuts for workers in real terms. The study also forecasts that the trend in falling unemployment will come to an end with the jobless total increasing by 120,000 to 2.63 million.
Dr John Philpott, director of The Jobs Economist, believes workers can expect longer hours, a continued squeeze on pay and fewer jobs being created. His analysis suggests job insecurity will remain high, with workers having to maintain a "grin and bear it" attitude.
The outlook forecasts that pay deals would continue lagging behind inflation, leading to wage cuts for workers in real terms. The study also forecasts that the trend in falling unemployment will come to an end with the jobless total increasing by 120,000 to 2.63 million.
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