Article preview: What will the coronavirus crisis mean for jobs, as the economic impact of the pandemic bites? According to a new report, due to be published next week, job prospects are “horrendous”, with more than half of employees in the most vulnerable occupations set to be furloughed or made redundant. The National Institute of Economic and Social Research will say next week that unemployment is forecast to rise by around 5 million workers. Unemployment currently stands at 1.34 million and could rise to more than 6 million by the end of May.
Coronavirus economic impact could prompt unemployment spike
This 477-word blog post considers an upcoming report from The National Institute of Economic and Social Research which will say next week that unemployment is forecast to rise by around 5 million workers. Written on 25th April 2020.
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