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Posted by on in Redundancy
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Workers look for extra income this Christmas

The latest Job Security Index from Legal & General has shown that workers are looking for extra income this Christmas, with more than one in ten, (11%) of UK workers saying that they are considering working additional hours in the run up to the festive season.

The need for some people to take on additional work comes at a time when Legal & General’s Job Security Index shows that workers’ confidence in their job security is at an Index low, with only 72% of workers confident in their job security – a 6% decrease on October last year.

The number of part-time workers considering working additional hours before Christmas is greater than those who are working full-time, with 14% of part-time workers considering this option compared to 10% of full-time workers. However, when looking at those workers considering securing additional employment in the run up to Christmas, the figures are more evenly matched with 6% of full-time workers and 7% of part-time considering this an option.

Mark Holweger, Director at Legal & General’s general insurance business said: “Job opportunities over the seasonal period do seem scarce, even though the ONS employment stats have shown some improvement in recent months.

“Christmas should be a time of celebration, but it can also be a difficult time for many financially, especially when confidence in job security is low and many are concerned about whether they’ll have a regular income in the future.”

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