Research by Kleeneze to mark the first six months since the UK officially entered recession on 23 January has revealed that over 1 in 3 UK households (35%) have had their income reduced.
The study revealed that those households affected have seen their income reduced by an average of 19.71%, the equivalent of £6,460 per year for the typical UK family*. However, people are showing resilience and fighting back, with a significant proportion (20.5%) finding ways to bring in extra cash, such as taking on a second job.
A growing number of students graduating from university are signing up with Kleeneze as they seek to find employment during the recession and pay off record levels of student debt.
Kleeneze has reported a 188% rise in the number of full-time students and new graduates applying to work with the company. This group now represents 7.2% of its base of UK distributors, compared to just 2.5% at this time last year.