The smaller-than-expected fall in employment in May and evidence that the first wave of joblessness in the coronavirus crisis ended in June shows that the furlough scheme has been effective in preventing a big rise in unemployment. The big question is how large the second wave of unemployment will be when the scheme is furlough scheme is wound down.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.