Site icon Global Retail TV

Research reveals wholesale retail is the industry with the second most redundancies in 2021

Woman leaving her job

retail is the industry with the second most redundancies in 2021

Spread the love

New research from Utility Bidder looked at the regions and sectors that are making the most people redundant. Through this analysis, we found that wholesale retail is the industry that made the second most amount of people redundant in 2021 so far, with 14,113 redundancies between April and June this year.

The research defines wholesale retail as a form of business to business trade such as the process of selling goods such as motor vehicles and their parts and accessories to retailers for resale. It is important to note the sector also includes those employed in repairing motor vehicles.

Top 10 Industries with Most Redundancies in 2021

RankIndustryRedundanciesRedundancies per 1,000 people
1Manufacturing15,1175.91
2Wholesale retail & repair of motor vehicles14,1134.15
3Professional, scientific & technical activities9,3564.5
4Human health & social work activities9,3032.23
5Information & communication7,9425.84
6Transport & Storage6,8185.4
7Administrative & support services6,7396.02
8Construction6,3054.78
9Financial, insurance & real estate activities5,4803.24
10Other services4,2183.59

Further Findings

You can see the full data by clicking here.

Exit mobile version