City Talks: Coronavirus and UK unemployment with Tony Wilson

The pandemic and lockdown has left millions unemployed or furloughed on the Government’s Job Retention Scheme. Unemployment levels are widely expected to rise to historic highs and at a rate not seen for at least a generation.

Many have lauded the Government’s response so far, but how long will it take for the economy to recover, given the imperfections of the UK’s labour market going into this recession?

Tony Wilson, Director at the Institute for Employment Studies, joins Andrew Carter to discuss the state of the labour market, the government response to the immediate crisis, and how to move to the next phase of the recovery.