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Lost your job? It could just make you happier

Thousands of workers are worried about being laid off, but there is life after redundancy.

October 22, 2009 10:41
Being made redundant was a blessing for Joanna Morrison, who swapped a high-pressure advertising role for a job in education

ByAlex Kasriel, Alex Kasriel

6 min read

Peter Marks ran his family bakery business in north London for 22 years. But the combined competition from internet shopping and a new Tesco Metro forced him to sell up in June 2008. He continued to manage the store but earlier this year, it closed for good and the 51-year-old became jobless for the first time in his working life.

Marks is not alone. Jewish workers have been victims of “operations streamlining” or “office downsizing” since the recession hit, just like everyone else.

Independent charity the Employment Resource Centre (ERC) — which seeks to help unemployed Jews from all over the country find work — has seen an increase in applicants since the credit crunch hit last year. Its chairman Trisha Ward says membership of the north London facility has nearly doubled in two years, with 500 new applicants this year alone.

“The number of people who are being made redundant has shot up,” says Ward. “Our concern is that the recession is not over yet. While people are talking about green shoots we could be heading for a double bounce. We’re not out of the woods yet.”