Report: Half of workforce worried about losing their job

Report: Half of workforce worried about losing their job

A new report looking at the long-term effects of the recession shows most people have not felt the recovery yet.

Insurance company Aviva claims many of us acknowledge the economy is improving, but nearly half the workforce is still worried about losing their job.

A further 40% are expecting a pay cut.

Ann O'Keeffe is an Actuary with Aviva Life & Pensions - she says middle aged people were hit hard by the collapse: "Only 9% of 55 -64 year olds said that they had felt an impact of the recovery which is a really low number I suppose you could just speculate that maybe these people if you consider their age now, maybe 10 years ago, maybe invested in things, maybe lost money, could be supporting younger kids as well as older parents as well at the same time."

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