Richard Layard: how a job guarantee scheme can avoid the slide into long-term unemployment
Layard, R.
(21 May 2020)
Richard Layard: how a job guarantee scheme can avoid the slide into long-term unemployment.
LSE COVID-19 Blog.
(21 May 2020)
Richard Layard: how a job guarantee scheme can avoid the slide into long-term unemployment.
LSE COVID-19 Blog.
Even if COVID-19 infection rates dwindle, it is now clear that the economy is unlikely to bounce back quickly. This raises the spectre of long-term unemployment. Richard Layard (LSE) explains how the government could draw on successful models used in the UK and elsewhere to avoid large numbers of people disappearing permanently from the workforce.