The UK has one of the worst recoveries from Covid in the world when it comes to jobs, startling new research has found.
Britain is on track to be the only country in the developed world with lower employment levels in 2023 than before the pandemic, according to top economists.
The Institute for Employment Studies (IES) said the UK is almost unique in seeing employment levels lower than the preCovid period - with 600,000 more people "economically inactive" than in 2019.
Only Latvia and Switzerland fare worse in their jobs recovery, the experts said. By early next year, Britain is likely to be the only country in the developed world with fewer people in jobs than in 2019.
Experts said the relatively low numbers claiming unemployment benefits were "masking" serious problems getting people into work.
The IES report Working for the Future pointed to a steady rise in those out of work because of ill health, as well as a surge in people retiring early.
Bu hikaye The Independent dergisinin November 10, 2022 sayısından alınmıştır.
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Bu hikaye The Independent dergisinin November 10, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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