This report focuses on economic living standards (using measures including jobs, skills and pay), as well as exploring the health and social effects of the Covid-19 pandemic. The analysis of youth employment during 2020 finds that “young people risk long-term employment and pay ‘scarring’ effects from starting careers in a downturn”.
The report acknowledges that the recently announced Job Support Scheme will hopefully have a positive impact – as, it notes, the Job Retention Scheme did – but that “it alone will not be sufficient to prevent a significant rise in unemployment [that] awaits this autumn”, particularly in sectors most affected by ongoing restrictions.
Click HERE to download the full report from the Resolution Foundation (October 2020).