Published: 4th Aug 2020

A group of peers is to examine the effects of the COVID-19 pandemic on the UK labour market and what measures should be taken to protect jobs. The House of Lords Economic Affairs Committee, chaired by Lord Forsyth of Drumlean, said it will also examine how the labour market may change as a result of the pandemic in the longer term. The committee is seeking answers to the following questions: What steps should be taken to protect and create jobs over the next two years? What trade-offs should be considered? What barriers to entering employment could be removed to support the labour market recovery? Which sectors are likely to experience the most change in supply and demand? To what extent should any future intervention by the government in the labour market be targeted by sector and/or by region? What lessons can be learned from previous recessions and active labour market policy … (To read the full article, subscribe below)