Worried about your job after Brexit? You're not alone

 
Lynsey Barber
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Workers are worried about job security after the refenedum (Source: Getty)

Feeling a little more anxious about your job after Brexit? You're not alone.

One in five of us are worried about job security after the result of the EU referendum, while more than two in five are feeling generally more pessimistic about their future, a new survey reveals.

Pessimism was particularly high among those working in the public and voluntary sectors and among those aged between 25 and 34, the survey by the Chartered Institute of Personal Development (CIPD) noted.

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"This survey shows that Brexit has proven to be a seismic event in people’s working lives and reveals that there is significant level of pessimism in the immediate aftermath of the vote," said head of public policy at the group Ben Willmott.

"Hopefully, as the political and economic situation becomes clearer, this will subside, but in the short term there is a clear need for UK employers to do more to engage with their workforce about the likely effects of Brexit on their organisation."

Several of the big banks have warned of job cuts in the wake of the vote for Brexit.

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Lloyds boss Antonio Horta-Osorio warned there would likely be a "deceleration of growth" in the UK economy as the bank announced a further 3,000 job cuts and a 200 branch closures.

Meanwhile several firms have announced thousands of new jobs despite the vote, including McDonalds, Amazon, Sainsbury's and Westfield.

Unemployment fell to its lowest level since 2005 according to official figures published in July. However, the data covering the three months to the end of May does not yet show the impact, if any, on the labour market of the Brexit vote.

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