One in seven workers are already looking for a new job, new research has shown, amid growing concerns about the UK’s economic recovery from the pandemic and the end of the furlough scheme in April.
The latest report by the Resolution Foundation highlights the ongoing impact of Covid-19 on the labour market and the policy changes needed to ensure a “strong recovery”.
Nearly 40 per cent of workers between 18 and 24 are either looking for another job or plan to start looking in the next three months, and more than a third of BAME workers are job-hunting or plan to, compared to a quarter of white workers.
“Although the labour market effects of this lockdown are less pronounced than those of the lockdown that came into force last spring, the same groups have been worst affected,” wrote the report’s authors.
“The young (and to some extent older workers), those in low paid work, the self-employed and those employees with ‘atypical’ contracts continue to bear the brunt of job loss and furlough – with most of these effects being driven by the fact that these groups are more likely to work in sectors that are shut down or under social distancing restrictions, like leisure and hospitality.”
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