A report released today (Oct 28) has shown that young people are the most likely group to have been made redundant, and subsequently not found a job, as a direct result of the Coronavirus pandemic.
The report, released by the Resolution Foundation found that although 9% of the general population had been made redundant, and remained redundant, 18% of 18-24 year-olds were unemployed as a result of the Coronavirus pandemic.
The report mainly suggests that young people are more likely to work in sectors that have been hit by the pandemic, and also lack the experience in the job market to quickly get back into employment.
The report welcomes changes to the Government’s Job Support Scheme that were announced last week, but it also states that more needs to be done to protect as many jobs as possible.
One of the suggestions put forward by the report is to maintain the temporary increase in Universal Credit as well as Working Tax Credits.
In a Webinar hosted by the Resolution Foundation, Frances O'Grady argued that those on the national minimum wage should receive 100% of their original pay if they aren’t able to work due to Coronavirus restrictions.