Self-employment in the UK has risen dramatically. At this event, we discussed findings from a new report that explores the nature of the rise of self-employment, what it tells us about the state of our labour market, and how the Covid-19 crisis has affected the self-employed.
We analyze how shutdown policies affected unemployment during the COVID-19 pandemic. We use proxy data from Google Trends to disentangle the effects of six policies. State-level policies caused 12.4% of unemployment insurance claims early on. Restaurant limits and non-essential business closures had modest effects. Other policies (e.g. stay-at-home orders, school closures) had no additional effect.
Interest in the issue of career progression has been growing, fuelled by a decade of stagnant productivity and pay growth (even before the COVID-19 crisis) and concerns that changes in the labour market – such as the casualisation of work in the gig economy – are making it harder for some groups to progress.
The spread of COVID‐19, and international measures to contain it, are having a major impact on economic activity in the UK. In this paper, we describe how this impact has varied across industries, using data on share prices of firms listed on the London Stock Exchange, and how well targeted government support for workers and companies is in light of this.
The Coronavirus Job Retention Scheme (CJRS) covers 80% of employees’ usual salaries, up to a cap of £2,500 a month, while they are furloughed. From August it will also provide support for employees who return from furlough but work reduced hours. This Briefing Note considers the implications of that change and how it might work.
Our research uses up to date real time data from DWP’s Find a Job website to track vacancy levels across all sectors of the economy and regions of the country.
On Tuesday (12 May 2020) the Chancellor, Rishi Sunak, announced an extension to the Coronavirus Job Retention Scheme (CJRS), which covers 80% of employees’ usual salaries, up to a cap of £2,500 a month, while they are furloughed.