Torsten Bell Britain UPS Waves Torsten Bell Britain

Britain’s epidemic of long-term sickness can only lead to poor outcomes all round

Reading now: 243

You know what turned out to be rubbish? Mid-pandemic predictions of Covid-19’s legacy. Claps aside, the promised new dawn of better conditions for essential workers never arrived.

Meanwhile, the extension of furlough meant the feared wave of unemployment never arrived. Instead, one legacy that no one saw coming has: a major rise in economic inactivity (those neither in nor looking for a job) of around half-a-million people.Now, we shouldn’t forget the UK’s very respectable levels of labour market activity internationally, but understanding the drivers of this recent deterioration is important because its cause will tell us how worried to be about it.

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.