Coronavirus is creating a jobs crisis. While headline unemployment has remained stable, it has been shielded by the furlough scheme. Many will find themselves out of work as it inevitably winds down.
Look more closely and welfare claims have more than doubled, soaring to over 6 million – the highest level since the financial crisis. Last year saw more redundancies than since records began, there are still far more people looking for work than available jobs, and older and younger workers have been hit hardest. Regional inequality has increased.
Covid-19 is accelerating the pace of change in the UK labour market, throwing a spotlight on pre-existing weaknesses in our society. The lower skilled and poorest are the least likely to be able to work from home and the most likely to be affected by job instability, increasing uncertainty and insecurity for Britain’s families.
The Centre for Social Justice is at the forefront of the debate on restoring the dignity of work – the most vital route out of poverty – to all of the UK as the government seeks to “build back better”.