The current consumption crisis will be important for the future jobs market recovery

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Britain’s jobs crisis is concentrated in low-paying sectors like hospitality, retail, arts and leisure that have been hardest hit by lockdown and ongoing social distancing measures. In 2019, 32 per cent of 18-29-year-old employees worked in these sectors. But those who tend to spend the greatest proportion of their disposable income on these more pleasurable … Continued

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