The Jobs Challenge
As millions are still on furlough and the list of companies announcing job cuts increases relentlessly, Jonty Bloom asks whose jobs are most at risk in the economic wreckage.
As the UK emerges from the coronavirus lockdown, millions of employees are still furloughed – either fully or part-time – with most of their salaries paid by the government. But how many of them really have jobs to go back to? Already companies including British Airways, Rolls Royce, Bentley, Jaguar Landrover and Centrica, to name just a few, have announced thousands of job losses and no-one knows what the true picture will look like by the autumn, as government support is removed.
There are dire warnings that the labour market could be as bad or even worse than the 1980s. Jonty Bloom asks whose jobs are most at risk from the economic damage wreaked by Covid 19 and what help is needed.
Presenter: Jonty Bloom
Producer: Caroline Bayley
Picture credit: Matt Cardy/Getty Images
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The World of Business
Insights into the business