Covid-19· Labour market· Skills· Intergenerational Centre Leaving lockdown Young people’s employment in 2021: improvements and challenges in the second year of the Covid-19 pandemic 31 January 2022 by Louise Murphy …worklessness throughout the course of the pandemic Young people aged 18-24 were the age group most likely to have experienced extended worklessness (having been unemployed, fully furloughed or self-employed without… READ MORE
Covid-19· Labour market The new wave The economic policy response to Omicron 15 December 2021 by Torsten Bell and Jack Leslie …those furloughed continuing to receive 80 per cent of previous earnings, that would imply a cost of around £1.4 billion a month against a backdrop £46 billion of furlough spending… READ MORE
Covid-19· Labour market Post-furlough blues What happened to furloughed workers after the end of the Job Retention Scheme? 14 November 2021 by Mike Brewer and Charlie McCurdy …on furlough since June 2021 were furloughed in one job and working in another.2 But the more important reason is that post-furlough outcomes vary considerably between partially and fully furloughed… READ MORE
Covid-19· Living standards· Labour market Who is still on furlough and what will happen next? 30 September 2021 by Torsten Bell …furlough, we estimate that about 1 million people may still be receiving pay via the scheme. At least half of these people are on “flexible furlough”, working some hours for… READ MORE
Covid-19 Job well done 18 months of the Coronavirus Job Retention Scheme 27 September 2021 by Daniel Tomlinson …covering the period 23 August to 5 September. This suggests that around 1.4 million people are still furloughed, with 600,000 of these on full furloughed. If furlough numbers continued to… READ MORE
Covid-19· Labour market The beginning of the end 4 July 2021 by Daniel Tomlinson …furlough on 31 May 2021 The easing of restrictions across the country in recent months has triggered a substantial decline in furlough take-up, with 2.4 million people furloughed across the… READ MORE
Covid-19 The Covid certainty: more savings for the rich, more debt for the poor 30 June 2021 by Torsten Bell …and its spread. But economists and other social scientists have done their bit too. Badly needed emergency policies have been developed. Some, such as the furlough scheme,[1] have been implemented,… READ MORE
Covid-19· Living standards· Labour market The final furlough? Family finances in the Covid recovery Thursday 1 July 2021 The UK economy is bouncing back after the deepest downturn in over three centuries. That bounce is being felt in the labour market too, with furlough rates falling and some… READ MORE
Covid-19· Intergenerational Centre Three reasons to be concerned about job losses among older workers A U-Shaped crisis 29 April 2021 by Nye Cominetti …leisure, where young workers are concentrated – has led millions of our youngest workers to be put on furlough or, worse still, lose their jobs. But the UK’s jobs crisis… READ MORE
Covid-19· Housing Getting ahead on falling behind Tackling the UK’s building arrears crisis 16 February 2021 by Lindsay Judge …via the furlough scheme and the £20 per week uplift to UC), it is clear that financial strain has grown as the pandemic has worn on. Using new data from… READ MORE
Monetary policy· Covid-19· Labour market Recovering from long Covid Understanding the pandemic’s labour market legacy Thursday 18 February 2021 …rising unemployment and long lasting furlough means an unprecedented number of people who have done little to no work in nearly a year. Previous recessions have taught us the impact… READ MORE
Covid-19 Lockdown lessons What 2020 has to teach us about the difficult weeks ahead 5 January 2021 by Torsten Bell and Lindsay Judge …will certainly surpass the 4 million we estimate were furloughed during November’s lockdown. Indeed more furloughing is desirable because we should be getting on with using the Job Retention Scheme… READ MORE
Covid-19· Economic growth Wake me up when November ends The economic outlook amid Lockdown II 3 November 2020 by Torsten Bell …them remain attached to the labour market. While half of those previously furloughed were back at work in September, one-in-ten no longer had a job. That rate of exiting furlough… READ MORE
Covid-19· Housing Coping with housing costs, six months on… New findings from the Resolution Foundation's Covid-19 study - wave two 30 October 2020 by Lindsay Judge and Cara Pacitti …renters reported being on furlough in early September, compared to 6 per cent of mortgagors. This leaves them in a potentially precarious position with the end of the original Job… READ MORE
Covid-19 Jobs, jobs, jobs Evaluating the effects of the current economic crisis on the UK labour market 27 October 2020 by Mike Brewer and Nye Cominetti and Kathleen Henehan and Charlie McCurdy and Rukmen Sehmi and Hannah Slaughter …most affected, limit the rise in unemployment, and enable people to play their part in suppressing the virus. This should include extending eligibility for the full furlough version of the… READ MORE
Covid-19 Worse for some The economic pain is being felt differently by different people. And for many of them, rock bottom is still to come 23 October 2020 by Torsten Bell …shift affected you were your age and your earnings, with gender More than half of under-25s had been furloughed or lost their jobs by June, compared to less than a… READ MORE
Covid-19 Sorting it out The Chancellor moves to fix the Job Support Scheme 22 October 2020 by Daniel Tomlinson …the average furloughed wage that are on the scheme for six months and working one-third of their usual hours this scheme will cost £3.5 billion (in gross terms), compared to… READ MORE
Covid-19· Labour market Jobs, Jobs, Jobs Where has six months of this crisis left workers, and what’s coming next Wednesday 28 October 2020 …pay or fewer hours, while others are worried about life after furlough, or have switched jobs or lost their livelihoods altogether. In order to understand how the labour market is… 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 Chancellor rightly brings back furloughing to pave the way for fresh lockdowns 9 October 2020 The Chancellor has rightly U-turned on his wish to fully phase out the furlough scheme at the end of this month, now offering to pay two-thirds of the wages of… READ MORE
Covid-19· Intergenerational Centre We must not let coronavirus exacerbate Britain’s intergenerational inequalities still further 8 October 2020 by David Willetts …the biggest beneficiaries of the furlough scheme. The boost to the Universal Credit has been worth most to families with younger children. Workers in their early 30s and late 40s… 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· Labour market Final furlough? Six months on from the start of the Job Retention Scheme 18 September 2020 by Daniel Tomlinson …of those furloughed in late-July were partially furloughed, 73 per cent were furloughed in full, with the full/partial furlough status of the remaining 7 per cent unknown. We will be… READ MORE
Covid-19· Labour market Millions of furloughed workers have returned to work – but support for hard-hit sectors will be needed beyond October Analysing the HMRC Coronavirus Job Retention Scheme data 21 August 2020 by Nye Cominetti …Some sectors have seen faster reductions in furlough rates than others. The fastest reductions are visible in construction, where the proportion of workers furloughed at the end of June (31… READ MORE
