Since April, over 400,000 self-employed workers claimed SEISS despite not losing any income during the crisis, while almost 500,000 people still without work have received no support at all. Listen to our key findings from @hcslaughter_
Self-employed workers were hardest hit in April, with 30% completely out of work. While the number out of work has reduced since then, more than half of self-employed workers are still receiving lower pay than before the crisis.
Nearly a quarter of 18-34-year-olds and those educated to A Level or below who were self-employed pre-crisis were still without work in September.
Younger self-employed workers who have been out of work have struggled to recover any income since April. By comparison, the share of 35-65-year-olds without work has roughly halved since April.
Of the 42 per cent of self-employed workers surveyed who have claimed the SEISS, 17 per cent did so despite having experienced no loss of income throughout the crisis - yet 500,000 workers who were without work in September received no support.
With the crisis far from over, the Government must reform the SEISS criteria to make sure grants go to the workers who need them.
Our full report on the impacts of the crisis on the labour market comes out on Wednesday. Sign up for the launch event here: resolutionfoundation.org/events/jobs-jo…
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Our latest report out today examines the impact of the pandemic on the labour market so far. With the furlough scheme ending this week, our analysis reveals the true nature of Britain’s jobs crisis. A short thread… resolutionfoundation.org/publications/j…
Around one-in-five young people, and over one-in-five black, Asian and minority ethnic (BAME) workers, who were furloughed during lockdown have since their lost jobs – and just one-in-three young people who have lost their jobs have been able to find new work.
Since February, the incidence of insecure work declined most among the youngest and the lowest-paid, reflecting the fact that these groups worked on insecure contracts at much higher-than-average rates even before the crisis.
@karlhandscomb@dan_tomlinson_@carapacitti@hcslaughter_ 1. The new 'expanded Job Support Scheme' looks remarkably similar to the Job Retention Scheme, but with employee support reduced from 80% to 67%. @RishiSunak has rightly brought back furloughing in the event of local lockdowns
NEW RF analysis of the Chancellor's 'extended Job Support Scheme' announced today. Short thread with full report published shortly...
1. If it looks like furlough, it works like furlough, and it (almost) pays like furlough...it probably is furlough (the March version but with a lower top-up of 67%)
2. While less generous than the Job Retention Scheme for employees, the Chancellor's new scheme is still in line with other European schemes in terms of support for workers.
@jreynoldsMP@JenniferTHF@gustafmaja Kicking off her presentation on the impact of the covid crisis across generations, @gustafmaja notes that rising mortality has overwhelmingly fallen on older generations.
@jreynoldsMP@JenniferTHF@gustafmaja Looking at the effect of the crisis on mental health problems, we see more of a U-shaped pattern with young adults and young pensioners most affected. This likely reflects concerns about health, and the wider economic and social effects of the crisis.
How has the COVID-19 crisis affected different generations in terms of their health, wealth, living conditions and living standards? Here's a quick chart thread from our Intergenerational Audit published today... resolutionfoundation.org/publications/i…
The starkest impact of COVID-19 has been on mortality, which has overwhelmingly fallen on older generations. All cohorts aged 45 and over have suffered a sharp rise in their mortality rate.
But the effects on mental health and well-being across the age range are mixed. In lockdown, 80% more 18-29-year-olds reported experiencing higher-than-normal levels of mental health problems in April. There was a sharp increase in mental health problems among 65-79 year olds.
With our annual Intergenerational Audit published tomorrow, we look back at recent research from our Intergenerational Centre on the impact of the crisis so far. Lot more to come in the Audit!
Employment and pay: Even three years after having left full-time education, we estimate that the employment rate of this year’s graduates could be 13 per cent lower than it would have been absent the crisis.
Employment and pay: Moreover, a large proportion of nongraduate leavers tend to begin their careers in sectors that were largely shut in the lockdown and are likely to suffer declines over the medium-to-longer term, such as retail and hospitality.