{
  "id": 8959387,
  "title": "Tech the only bright spot as job security fears climb to highest level since 2023",
  "url": "https://urgent.news/2026/09/21/tech-the-only-bright-spot-as-job-security-fears-climb-to-highest",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-21T16:36:49.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/tech-the-only-bright-spot-as-job-security-fears-climb-to-highest-level-since-2023/"
  },
  "original_language": "en",
  "account": "Job security for British workers has reached its lowest level in three-and-a-half years outside of the IT and telecoms sectors, as indicated by S&P Global’s UK consumer index. This decline in job security coincides with consumers becoming more cautious about large purchases due to concerns about rising borrowing costs. Retail workers are the most anxious about job security, facing challenges due to increased employment costs, reduced consumer spending, and supply chain disruptions stemming from the Iran conflict. The overall consumer sentiment index dropped to 42.7 in September from 42.9 in August, signaling a \"notable strain on financial confidence\" among UK households, according to S&P Global. Economists note the mismatch between economic growth and people's perception of job security, emphasizing the impact of rising energy prices, the cost of living, and job prospects on public mood. Additionally, hiring in the City has plummeted by 32% since January 2019, as higher interest rates and cost-cutting measures affect firms that are central to London's labor market.",
  "summary": "Job security for British workers has fallen to a three-and-a-half year low across all sectors other than IT and telecoms, according to new data from S&P Global’s UK consumer index. The findings, based on a panel of 1,500 UK households, show the level of job insecurity was at its highest since February 2023 as consumers continue to [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}