News Recession gives rise to ‘grown-up gappers’

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Recession gives rise to ‘grown-up gappers’

Recession gives rise to 'grown-up gappers'

Increasing numbers of redundancies are causing more people to book flights abroad in order to embark on a ‘grown-up’ gap year.

This is according foreign currency company Travelex, which said that the recession had given rise to a new generation of ‘grown-up gappers’.

Founder of Tom Griffiths said that increasing numbers of young professionals are booking flights to Thailand using their redundancy money after losing their jobs.

"You can live in Thailand for £5 a day," he commented.

"Thailand seems to be filling up with a number of these young professionals who find it’s actually cheaper to be unemployed and to live in south-east Asia."

Mr Griffiths added that people were beginning to realise the positive value of having a year out abroad because "you’re not sitting back looking unemployed".

According to the Travelex poll, more than three-quarters (78 percent) of those who had recently lost a job were planning on using their time to travel.

People aged between 30 and 55 were the most likely to go travelling (63 percent), while 32 percent of 18-24-year-olds were considering a year abroad.