Yahoo News Financial Crisis Led To 3.7 Million Job Losses
Around 3.7 million people have been made redundant since the recession in 2008 - one in seven of all employees - according to new research.
Almost two-thirds of those losing their jobs were men, with most redundancies reported in 2009.
The last two years have been the worst for women being made redundant, reflecting public sector spending cuts, The Jobs Economist consultancy said.
Its study shows that redundancy rates since 2008 have generally been lower than in the late 1990s and early 2000s.
The job cut rate has fallen back in recent years and shows no sign of rising substantially above pre-recession levels, the report said.
Dr John Philpott, director of The Jobs Economist, said: "The observation that what might be called the UK's normal redundancy rate fell well before the recession suggests that the lower-than-expected level of redundancies in recent years, which is often partly attributed to more co-operative employment relations and pay restraint triggered by the financial crisis, labour hoarding by employers, or zombie companies kept alive by very low interest rates, is in fact symptomatic of a longer-term structural change in the economic and business climate which has resulted in a lower propensity to make staff redundant."
The research comes amid a TUC warning that the pay gap has doubled between men and women - as women reach the age of 50.
It also comes ahead of the latest jobless figures which have recently shown a downward trend.
Last month's unemployment figures showed a 37,000 fall in the quarter to November (Xetra: A0Z24E - news) to 2.49 million.
Analysts are expecting a further fall of around by 5,000 when the official unemployment figures are published for the three months to December 2012.
The claimant count for January will also be revealed.
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