Coronavirus: Almost 33% of the lowest-paid have been furloughed or lost their jobs - News Summed Up

Coronavirus: Almost 33% of the lowest-paid have been furloughed or lost their jobs


Among the lowest-paid fifth of earners before the crisis, 5% have lost their job, and a further 25% have been furloughed, according to a report by the Resolution Foundation. In contrast, less than one in 10 of the top fifth of earners have lost work or been furloughed. Across the workforce as a whole, almost one in five workers have lost work or been furloughed, including one in four private-sector employees, said the research organisation. Its report showed how important the Government's job retention scheme (JRS) has been in preventing mass unemployment and even bigger living standards hit to families. (Image: PA)"Close to a third of our lowest-paid employees have already lost their jobs or been furloughed since the crisis began.


Source: Daily Mirror May 15, 2020 23:01 UTC



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