Unemployment and redundancies are still a real fear for many of us, but it seems that now we're taking our worry to new extremes. New research from swiftcover.com's Life Index has revealed that 24 percent of us are not taking a summer holiday this year, because of financial pressures and fear of being made redundant.
The Life Index - which rates the nation's feelings across all aspects of life - also found that of those who are taking a holiday this year, many will most likely have to work during their time off: five million said that they will check their emails daily, while 1.5 million will have to carry out work duties while on holiday.
What's more, 1.25 million UK holiday makers say they will make "regular" calls to their office, and 1.3 million chose a destination that would allow them to work from holiday.
Amanda Edwards, senior marketing manager at swiftcover.com commented: "The country is still gripped with concern by economic conditions so Brits are understandably worried about the impact having a holiday may have on their jobs. According to our research, not only are huge numbers of people sacrificing their holidays to fend off the threat of job loss, but those going away for a break are having to report back to the office on work while away."
66 percent of those who said they will forgo their holiday cited financial pressures as being the main reason, while more than half a million said that they were worried about job security and wanted to commit more time to work. Others blamed the treat of redundancy, and said that they needed to be seen to be working in the office.
Most likely to sacrifice their holiday this year are those aged 45 to 54; with 41 percent missing out compared to 28 percent of 16 to 24-year-olds. Meanwhile savvy 24 to 34 year-olds are four times more likely to choose a destination where they can work on holiday and avoid having to stay in the office, compared to older travellers.
How happy are we?
How happy are we?
Despite our worries about job security, the Life Index found that generally we are more content than we were three months ago. Back in April half of respondents said they were quite or extremely happy, compared to two thirds of respondents in this survey. A quarter of people also said they felt happier than they did a year ago, and 42 percent said they were currently the happiest they have ever been.