Will some jobs be lost forever?
The Treasury has said that 8m workers are now receiving wage subsidies through the furlough programme, with a further two million receiving income support through the new scheme for the self-employed.
There is a concern that once the scheme is lifted, many more will lose their jobs. Recessions can fundamentally reshape labour markets – for instance they have frequently led to a surge in entrepreneurship.
What conclusions can we draw from the data thus far?
What might the future of work look like post-coronavirus?
To discuss this, Emily Carver, Media Manager at the IEA was joined by Professor Len Shackleton, IEA Editorial and Research Fellow.
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