The number of employees on the Coronavirus Job Retention Scheme (JRS) fell rapidly during May as the economy reopened, but far more people remain furloughed than previous official data has suggested, while older workers are disproportionately likely to remain ‘parked’ on furlough for long periods, the Resolution Foundation said today. The HMRC data shows that […]

The Covid-19 crisis has led to the biggest annual employment fall for workers over 50 since the 1980s, according to a new report by the Resolution Foundation. The report ‘A U-Shaped Crisis’ – supported by the Nuffield Foundation – examines the economic impacts of the Covid-19 pandemic on older workers, and how periods of unemployment can affect […]