The COVID-19 pandemic has already had a considerable impact on Britain’s job market. Job vacancies have reduced by 65% compared to the same period last year with thousands of jobs already lost and just under a third of businesses planning to cut the size of their workforce in the next three months. The Office for Budget responsibility has predicted that overall unemployment (which stood at 3.9% between March and May this year) could rise to as high as 13% in the wake of the crisis; considerably higher than following the 2008 recession, when it reached a high of 8%....
Date Published: 29th July 2020
Report Author/s: Erica Holt-White, Rebecca Montacute
Organisation/s : The Sutton Trust
Date Published: 29th July 2020
Report Author/s: Erica Holt-White, Rebecca Montacute
Organisation/s : The Sutton Trust
