| | Six times as many people losing their jobs and consulting employment lawyers in October 2008 compared to the same period in 2007 say they are planning to take time out rather than look for another position.
Mark Bestley, a senior employment lawyer with Cheshire firm SAS Daniels LLP, says that in October | |
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| | 2007 just one in 10 people who retained him when they lost their job said that they were going to take a break of four months or more.
But currently around 60% of newly or imminently jobless clients have said they have no intention of looking for a new job until after Christmas.
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"There's no doubt that the current economic climate makes job hunting very difficult, so people who are losing their jobs for whatever reason are choosing to take four, five or even six months out,” said Bestley.
"There seems to be no bitterness, they're just being very fatalistic. | |
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| | They're certainly not, in most cases, on the verge of despair – they are being very considered in their options.
"The main reason for this is that while in previous downturns it has been manufacturing that's been hit hardest, the people losing their jobs now are highly qualified in, for instance, IT or | |
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| | financial services – and they know that they will get another job in a better climate.”
He added: "Many of them are also receiving relatively generous redundancy packages which provide a financial cushion and time to look around." | |
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