Labour Market Outlook· Labour market· Pay Labour Market Outlook Q1 2022 How should we interpret strong nominal earnings growth? 9 April 2022 by Nye Cominetti and Karl Handscomb and Hannah Slaughter and Greg Thwaites …was accounted for by furloughed workers moving back onto their full pay as they returned to work. The furlough effect will continue to push up pay growth until the autumn… READ MORE
Economic growth· Macroeconomic policy Macroeconomic Policy Outlook Q4 2020 28 December 2020 by James Smith and Torsten Bell and Karl Handscomb and Jack Leslie and Cara Pacitti and Nye Cominetti …should be accompanied by grants focused on them, rather than paid to all business rate payers. The extension of the furlough scheme until April means that while unemployment will continue… READ MORE
Covid-19· Incomes Back to the furlough U-turn to retain furlough scheme in closed sectors paves way for fresh lockdowns 9 October 2020 by Karl Handscomb and Cara Pacitti and Hannah Slaughter and Daniel Tomlinson …way for new restrictions to be announced in the next few days. Today’s announcement is a furlough scheme. By removing requirements to work some hours and for a significant employer… READ MORE
Covid-19· Welfare Safe harbour? Six key welfare policy decisions to navigate this winter 7 October 2020 by Karl Handscomb …individuals, one who was furloughed and the other who was not and claimed JSA instead, the difference in outcomes is stark indeed: the former receives 80 per cent of previous… READ MORE
Covid-19· Economy and public finances The Winter (Economy Plan) is coming Chancellor ramps economic support back up, but avoidable design flaws will limit its success in stemming the Autumn rise in unemployment 25 September 2020 by Torsten Bell and Mike Brewer and Adam Corlett and Karl Handscomb and Lindsay Judge and James Smith and Daniel Tomlinson …existing partial furlough policy. Where firms choose to use it, this will provide very significant income protection for workers that employers bring back for more than a third, but less… READ MORE
Covid-19· Welfare No work, no pay Supporting unemployed people through coronavirus 1 April 2020 by Mike Brewer and Karl Handscomb …mean a better recovery in the future. These include government-backed loans or grants for certain businesses, a job retention scheme for firms who want to furlough their workers for the… READ MORE
Covid-19· Labour Market Outlook· Labour market· Pay Earnings Outlook Q4 2019 How should minimum wage policy respond to the current economic crisis? 28 March 2020 by Nye Cominetti and Karl Handscomb …economic crisis? The Government’s economic policy response to the virus outbreak is focused on reducing firm’s short-term costs, to aid firm survival, and subsidising the pay of furloughed workers, to… READ MORE