Getting Back to Work: Dealing with the labour market impacts of the COVID-19 recession

The report shows there is clear evidence that prolonged spells of unemployment, particularly while young, can cause long-lasting ‘scars’ on an individual’s future earnings, employment prospects and health and well-being. However, the evidence also shows that this is not inevitable: reducing the number of unemployment spells also reduces the harm caused. Early analysis suggests that groups at particular risk in this recession are likely to be young people and the lowest paid, with women more adversely affected than men. Older people are also likely to be particularly at risk, and we would anticipate a stronger sectoral bias in the recession than in the last – with retail and hospitality appearing to be particularly vulnerable. This report proposes five priorities for action. At their heart would be a new Back to Work campaign, underpinned by local Back to Work Partnerships and a Back to Work Service for the long-term unemployed:

1. Investment in new active labour programmes for those out of work
2. Refocusing skills and training to support the recovery
3. An integrated and coherent offer for young people
4. An orderly withdrawal from the Job Retention Scheme
5. A new, partnership-based, ‘Back to Work’ campaign

Click HERE to read the full article from the Institute for Employment Studies (IES), 9th April 2020.