The UK labour market and Covid-19: how to measure excess, where to look for it, and what it shows

Wadsworth, J. (28 July 2020) The UK labour market and Covid-19: how to measure excess, where to look for it, and what it shows. British Politics and Policy at LSE.
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Think the outlook for the UK labour market in the wake of the coronavirus pandemic looks bad? But just how bad? And along which dimensions? Jonathan Wadsworth answers these questions. He concludes that the crisis was marked by higher absences from work as well as a large rise in short-time working and hiring freezes, not by wage cuts and mass layoffs.

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