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The impact of Covid-19 has had a heavy strain on the labour market throughout 2020, but a two-speed recovery is emerging.
Covid-19: The Face of Business Change
As workers begin to return to work, many companies will be rethinking the way they operate and the future of their workforce. We have been gathering thoughts and opinions to ensure our services continue to support strategic, operational and geographical objectives during this ever-changing landscape.
Labour market continues to deteriorate, with unemployment and redundancies rising sharply
The latest ONS data covers the period between July and September 2020, providing a snapshot of labour market activity during a period of relaxed restrictions and greater flexibility within the Job Retention Scheme, albeit on progressively less generous terms for business.
The impact of the pandemic is felt in the labour market, with unemployment and redundancies rising
The latest ONS data covers the period June to August 2020, providing a snapshot of labour market activity at the start of greater flexibility within the Job Retention Scheme and the introduction of employers' contribution to the scheme in August.
Labour market coming out of stasis, with unemployment and redundancies on the rise
The latest ONS data covers the period between May and July 2020, providing the first snapshot of labour market activity in the aftermath of a more substantial easing of lockdown at the start of July and the introduction of greater flexibility within the Job Retention Scheme.
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