Article preview: With the Coronavirus Jobs Retention Scheme closing next month, and new figures showing a dramatic rise in unemployment, fears about job losses are well-founded. The jobs impact of the Covid-19 pandemic to date has been especially pronounced for the younger workforce, with jobs in hospitality and entertainment sectors hardest hit. But fears about future job losses are significant for older workers. New research has found that two in five people over 50 who are in work say they are worried about their job security.
Here’s why the over-50s are worried about job security and the impact on their savings
This 584-word blog post looks at new research from Legal & General Retirement Income which finds that over-50s are concerned about job security during the pandemic and the impact this could have on their cash savings. Written on 16th September 2020.
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