The damaging effects of Covid-19 on employment and earnings for young people from less affluent backgrounds is revealed in a stark new report on the economic and social fallout from the pandemic.
The study – a collaboration between the Resolution Foundation and the London School of Economics and Political Science – finds that young people from less wealthy backgrounds were more than twice as likely to have left work during the first 12 months of the pandemic than those from richer households.
The effects, it argues, would further widen the pay gap between those from rich and poorer backgrounds, and so damage social mobility.
Published for The Economy 2030 Inquiry and funded by the Nuffield Foundation, the study also finds that between April
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