Comment Three big decisions for the Chancellor on the future of the Job Retention Scheme 28 May 2020 by Daniel Tomlinson The Chancellor will be announcing details for ‘Phase 2’ of the Coronavirus Job Retention Scheme (JRS) later today or tomorrow. With 8.4 million jobs furloughed – one-third of all private… Continue Reading
Comment Five things we’ve learned from today’s labour market data 19 May 2020 by Hannah Slaughter and Nye Cominetti This morning the Office for National Statistics (ONS) published the first major set of labour market data that covers the lockdown period, with data from April on vacancies, claimant unemployment,… Continue Reading
Publications The effects of the coronavirus crisis on workers Flash findings from the Resolution Foundation’s coronavirus survey 16 May 2020 by Laura Gardiner and Hannah Slaughter The coronavirus crisis has hit workers hard: the numbers of those furloughed and those newly claiming Universal Credit illustrates the scale. To date, however, we have had very limited information… Continue Reading
Publications Launching an economic lifeboat The impact of the Coronavirus Job Retention Scheme 20 April 2020 by Daniel Tomlinson Summary Today marks the opening of the Coronavirus Job Retention Scheme (JRS), a scheme entirely without precedent in the UK. Its primary objective is to share the economic pain… Continue Reading
Publications Doing more of what it takes Next steps in the economic response to coronavirus 16 April 2020 by Richard Hughes and Jack Leslie and Charlie McCurdy and Cara Pacitti and James Smith and Daniel Tomlinson The Government has responded to coronavirus by shutting down large parts of the UK economy, and socialising the costs of doing so through a package of fiscal support to firms and individuals unprecedented in size and… Continue Reading
Publications Crystal balls vs rear-view mirrors The UK labour market after coronavirus 7 April 2020 by Hannah Slaughter and Torsten Bell Summary Sudden and significant hits to the UK labour market in recent weeks have shown that this will be a jobs recession. The focus has rightly been on how to… Continue Reading
Publications Earnings Outlook Q4 2019 How should minimum wage policy respond to the current economic crisis? 28 March 2020 by Nye Cominetti and Karl Handscomb Usually in the Earnings Outlook we summarise the latest developments in pay and employment and use these to look forwards, with the trends moving slowly enough that the lag in… Continue Reading
Comment Unprecedented support for employees’ wages last week has been followed up by equally significant, and even more generous, support for the self-employed. But gaps remain 27 March 2020 by Torsten Bell and Mike Brewer and Laura Gardiner and Karl Handscomb and Daniel Tomlinson Yesterday, the Chancellor announced that last week’s pledge to underwrite 80 per cent of the wages of employees without work to do during this crisis is being matched with significant… Continue Reading
