On the 24th March 2021 IFOW launched the 'Labour Market Resilience Report' in partnership with Whiteshield Partners and Oxford Said Business School.
The last twelve months have brought with them a range of unexpected economic disruptions to the United Kingdom. As COVID-19 has spread through Europe the economy of the UK took a severe hit, shrinking by 19.5% in the month of April 2020. Our analysis suggests that labour market resilience will be a more reliable indicator of how the UK may respond to economic shocks in the future.
Anna Thomas MBE