Governments across the world have invested huge sums to prop up incomes during the COVID shutdown. But as a new IfG paper shows, some countries including the UK have relied more heavily on in-work wage subsidies while others like the US, Canada and Ireland have increased support to those who have lost their jobs. What will these Coronavirus-related labour market policies have on businesses, employment and the workforce? How will the policies need to adapt to encourage a return to work? And what can the UK government can learn from experience elsewhere?
Dr Gemma Tetlow, Chief Economist at the Institute for Government, talks it over with:
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