Jeremy Hunt’s first budget last week aimed to get more people back to work but, in an exclusive survey to over 2,000 UK workers, it was 50/50 split decision on if this ‘budget for growth’ will positively impact the job market as intended.
CV-Library, the UK’s leading independent job board, also reveals that the majority of workers (56 per cent) don’t share the Government’s opinion that the country will avoid a recession this year. Only 31 per cent feel more confident in looking for a new job as a result of the budget, 51 per cent feel it will make no difference and 17.3 per cent actually feel less confident.
When asked what the most positive aspect of the budget were for the country, the results revealed:
• 65.9 per cent Energy price guarantee
• 46.8 per cent Childcare for under 3’s
• 44.3 per cent Fuel duty freeze
• 32.5 per cent Extended school hours
• 24.1 per cent Pension changes
• 23.3 per cent Over 50’s returnership programme
• 18.4 per cent IT tax relief for businesses
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Lee Biggins, Founder and CEO of CV-Library commented: “Whilst there’s a lot of hope and positivity around the Government’s latest budget, it’s clear that UK workers are feeling wounded and intensely cautious after a turbulent few years. Without doubt, personal finances remain the key driver for the overwhelming majority.”
Biggins added: “Our survey reveals that 8 out 10 are stressed about finding a new job in the current climate so, those businesses recruiting in 2023, need to focus on a positive route to hire experience, as well as clear job specs, competitive salaries and attractive benefits packages.”
