Evaluating the effects of the current economic crisis on the UK labour market

The Resolution Foundation’s latest report presents evidence on the effects of the coronavirus crisis on workers. Results from a survey of 6,000 working-age adults shows that one-in-five young workers (19%), and more than one-in-five BAME workers (22%), that were furloughed during lockdown have since lost their jobs. Only one in three of these young workers affected have since found new work. Recommendations from the paper, aimed at protecting those most affected, include: extending eligibility for the full Job Support Scheme; investing in job creation; and improving the financial incentives to self-isolate.

Click HERE to download the full report from the Resolution Foundation (October 2020).