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Confidence In Employment Prospects And Security Of Jobs Hits New Lows

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Consumer confidence in employment prospects hits new lows

Fears about the health of the UK job market intensified further in July, as consumer confidence in employment prospects and the security of their jobs hit new lows according to the latest Consumer Barometer from Lloyds TSB Corporate Markets...

The survey of 2,000 consumers recorded the second sharp drop in their perception of the labour market, in contrast to official employment data which remains strong. This was illustrated by the balance of respondents that believed employment prospects are better now than 12 months ago, which fell 12 per cent to -57 per cent in July, a new survey low. This is 40 per cent below the most recent peak in labour market confidence in September 07 when the balance was -17 per cent.

At the same time, job security declined for a fifth consecutive month, also to a survey low. The balance of consumers who felt more rather than less secure was -17 per cent, from -14 per cent in June.


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No problem - deserves wider exposure anyway.

agreed Trevor Williams of Lloyds/TSB is a good lad too, one of the first to say "well actually a fall in house prices would be good for UK society and the wider economy..." and he said this approx. 8 months back live on BBC 24. The 'thunderbird Virgil puppet' on news 24 nearly fell off his chair...Trevor has never been interviewed since... :D

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  • 395 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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