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COVID-19 and the UK labour market

Author

Listed:
  • Ken Mayhew
  • Paul Anand

Abstract

This article considers policy responses to the COVID-19 crisis as they affect the labour market, how these policies are evolving and some of the design issues they face. The concentration is on the UK, but other countries are also discussed for comparative purposes. The Job Retention Scheme is a successful innovation to keep temporarily stopped workers attached to their employers. However, since economic recovery will be slow, it is not sustainable in its current form. A sustained rise in unemployment is inevitable and alternative policies to mitigate this and the dangers of scarring are discussed. The structure of output will change, as therefore will the composition of jobs. A comprehensive active manpower policy will be needed to efficiently match job seekers to available jobs. The young are likely to suffer disproportionately from the recession and this makes it essential to introduce radical policies to boost work-based training and to enhance the contribution made by further and higher education institutions.

Suggested Citation

  • Ken Mayhew & Paul Anand, 2020. "COVID-19 and the UK labour market," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(Supplemen), pages 215-224.
    • Handle: RePEc:oup:oxford:v:36:y:2020:i:supplement_1:p:s215-s224.
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    File URL: http://hdl.handle.net/10.1093/oxrep/graa017
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    Citations

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    Cited by:

    1. Vijay Victor & Joshy Joseph Karakunnel & Swetha Loganathan & Daniel Francois Meyer, 2021. "From a Recession to the COVID-19 Pandemic: Inflation–Unemployment Comparison between the UK and India," Economies, MDPI, vol. 9(2), pages 1-19, May.
    2. Ulrike Huemer & Rainer Eppel & Marion Kogler & Helmut Mahringer & Lukas Schmoigl & David Pichler, 2021. "Effektivität von Instrumenten der aktiven Arbeitsmarktpolitik in unterschiedlichen Konjunkturphasen," WIFO Studies, WIFO, number 67250, April.
    3. Wolter H. J. Hassink & Guyonne Kalb & Jordy Meekes, 2021. "Regional Coronavirus Hotspots During the COVID-19 Outbreak in the Netherlands," De Economist, Springer, vol. 169(2), pages 127-140, May.
    4. Galiani, Sebastian, 2022. "Pandemic economics," Journal of Economic Behavior & Organization, Elsevier, vol. 193(C), pages 269-275.
    5. Davide Fiaschi & Cristina Tealdi, 2022. "Young people between education and the labour market during the COVID-19 pandemic in Italy," International Journal of Manpower, Emerald Group Publishing Limited, vol. 43(7), pages 1719-1757, July.
    6. Anasuya Haldar & Narayan Sethi, 2022. "The Economic Effects Of Covid-19 Mitigation Policies On Unemployment And Economic Policy Uncertainty," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 25(Special I), pages 61-84, March.
    7. Llinos Haf Spencer & Mary Lynch & Catherine L. Lawrence & Rhiannon Tudor Edwards, 2020. "A Scoping Review of How Income Affects Accessing Local Green Space to Engage in Outdoor Physical Activity to Improve Well-Being: Implications for Post-COVID-19," IJERPH, MDPI, vol. 17(24), pages 1-15, December.
    8. Claryn S. J. Kung & Jingmin Zhu & Paola Zaninotto & Andrew Steptoe, 2023. "Changes in retirement plans in the English older population during the COVID-19 pandemic: The roles of health factors and financial insecurity," European Journal of Ageing, Springer, vol. 20(1), pages 1-12, December.
    9. Young Jun Choi & Stefan Kühner & Shih-Jiunn Shi, 2022. "From “new social risks” to “COVID social risks”: the challenges for inclusive society in South Korea, Hong Kong, and Taiwan amid the pandemic [Asian development outlook 2021 update]," Policy and Society, Darryl S. Jarvis and M. Ramesh, vol. 41(2), pages 260-274.
    10. Quang Dang Nguyen & Mikhail Prokopenko, 2022. "A general framework for optimising cost-effectiveness of pandemic response under partial intervention measures," Papers 2205.08996, arXiv.org, revised Nov 2022.

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