UK Recession: The Impact on our Jobs
There is much uncertainty surrounding UK jobs and the upcoming recession. We are going to breakdown current economist predictions and how we can help you in your time of need.
Whilst there is still uncertainty around what will happen to jobs, we can certainly make some educational guesses through research of our own. To start, we need to look at what a recession really is and how this may affect you in the future.
What is a recession?
When the country isn't in a 'recession' we tend to see that the economy is stable and continues to grow. When this happens, the people living in the country will become slightly richer as well as the values and goods a country sells become of higher value.
A recession on the other hand is when these values drop and we experience something called Negative Gross Domestic Product (GDP), people start to lose jobs, sales fall and incomes can drop. In order for a recession to happen, we must be on a negative descent for at least three consecutive months.
"A recession can last anywhere from a few months to a few years".
Recessions are an unavoidable part of the economy; these are part of any business cycle and aren't something to panic over just yet!
Are we close to being in a recession?
According to the experts, we are half way through a recession as data has shown our economy has dropped from July to September. If the pattern continues until next year, then officials will announce we are in a recession.
How can a recession affect me?
In any recession, there is always a potential to lose your job. Businesses cannot cope with rising costs and a loss in sales which therefore can lead to redundancies or closure of companies. Unfortunately, it is an unavoidable event that can happen at any time during a recession.
If you find yourself in this position, there are many options available to you. One of the options available is through an apprenticeship. Perhaps learning a new skill will help you take that career leap you've been thinking about, or gaining a qualification in your industry is what you need for that promotion.
How will an apprenticeship help me?
Contrary to belief, apprenticeships aren't just for young adults leaving school or college. Apprenticeships are available to anyone over the age of 16 who hasn't already received qualification in their chosen subject. Here at 1st2 Achieve we offer a large range of apprenticeships in various fields; click here to see what qualifications we offer.
It is a great way to become qualified, gain experience and know you are safe in your role during these stressful times. We have an expert team of recruiters who will find you the best possible companies looking to take on new apprentices everyday.
1st2 Achieve Training Ltd are based in the North West but operate nationwide, meaning we can find you a new career locally, no need for relocation or worrying about travel times.
What steps do I need to take to get an apprenticeship?
Firstly, we suggest you visit https://www.1st2achieve.com/apprenticeships to find what courses we offer as part of an apprenticeship. Alternatively, you can visit https://www.1st2achieve.com/currentvacancies to see what live vacancies we currently have. These change weekly so don't be disheartened if you don't find anything straight away.
We always recommend getting in touch with us so we can have a brief chat and find what you are looking for. Call us today on 03001655099 for more information. Once we have your details, our recruiters will actively search for apprenticeships near you and try to match you with the most suitable employers.
The clients we work with will host interviews with a number of candidates before making an offer. If you are not given an offer, our recruitment staff will continue to work with you. Once you have accepted an offer you will then start your new role. Most apprenticeships are on a full-time contract and will give you 20% off your working hours to complete your apprenticeship work.
What happens after I complete my apprenticeship?
Once you have completed your apprenticeship you will have gained an employer recognised qualification which can be taken to any new role. Employers have the choice of whether they want to keep you in the job and be employed as a full-time staff member. So, what are you waiting for? Get applying today!
Recessions are a natural part of a country's economic cycle; try not to worry about what the future will hold but it is recommended to plan for a worst-case scenario.