Centre for Vocational Education Research LSE RSS Email Facebook Twitter

Abstract:

Blog
How a job guarantee scheme can avoid the slide into long-term unemployment
Richard Layard
May 2020
Paper No' :


Tags: covid-19; wellbeing; employment; labour markets; labor markets; labor; labour

Even if COVID-19 infection rates dwindle, it is now clear that the economy is unlikely to bounce back quickly. This raises the spectre of long-term unemployment. Richard Layard (LSE) explains how the government could draw on successful models used in the UK and elsewhere to avoid large numbers of people disappearing permanently from the workforce.