Lockdown has 'negatively impacted young people's labour market outcomes'

The coronavirus (COVID-19) lockdown has negatively affected young people's labour market outcomes, according to a report published by the Institute for Fiscal Studies (IFS).

The report, which was funded by the Turing Institute, found that the COVID-19 pandemic threatens to 'severely disrupt' young workers' career progression. It also suggested that the economic impacts of the pandemic on young workers may last well beyond the easing of the lockdown.

The report revealed that over the last decade, young people starting out in the labour market have increasingly been working in low paid occupations, including sectors hardest hit by COVID-19.

The IFS has called for the government to focus on the challenges facing the young in regard to finding work following the lockdown.

'Even a normal recession can be especially damaging for young workers as, for example, hiring freezes disproportionately affect those coming into the labour market and those who would otherwise be climbing the jobs ladder,' said Agnes Norris Keller, Research Economist at the IFS.

'The recession associated with the COVID-19 pandemic threatens to be doubly bad for early-career workers because the particular sectors being hardest hit are very disproportionately likely to employ them.'

Latest News

020 3926 4111

J.D. Bregman & Co. Ltd
First Floor
Spitalfields House
Stirling Way
Borehamwood
Hertfordshire
WD6 2FX


Home | Contact us | Site map | Accessibility | Disclaimer | Help |

© 2021 J.D. Bregman & Co. Ltd. All rights reserved.

We use cookies on this website, you can find more information about cookies here.

The Provision of Services Regulations 2009
We are registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales/Association of Chartered Certified Accountants. Details of our audit registration can be viewed at www.auditregister.org.uk under reference number C002869433

Our professional indemnity insurer is QBE European Operations of Plantation Place, 30 Fenchurch St, Billingsgate, London EC3M 3BD. The territorial coverage is worldwide excluding professional business carried out from an office in the United States of America or Canada and excludes any action for a claim brought in any court in the United States or Canada.