Labour Market

Self-isolation rules may have reduced GDP by 1%, IEA economist finds


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Emily Carver writes for CapX

Media Coverage

Julian Jessop comments for the Daily Express

Julian Jessop comments for the Daily Express

Julian Jessop, IEA Economics Fellow, has commented for the Daily Express with his calculations of the economic impact of self-isolation rules.

Julian states that the decision to lift mandatory self-isolation is welcome and that the requirement to self-isolate “could still be reducing GDP by at least 1 percent, costing the economy £2billion every month.”

He added that “Businesses may be able to find temporary fixes to limit the damage, such as asking other staff to work longer hours.”

Read the full article here.



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