Resolution Foundation’s Intergenerational Audit for the UK 2020

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).