Blogs: LSE Business Review:
Richard Layard | How a job guarantee scheme can avoid the slide into long-term unemployment
21 May 2020
Even if COVID-19 infection rates dwindle, it is now clear that the economy is unlikely to bounce back quickly. This raises the spectre of long-term unemployment. Richard Layard (LSE) explains how the government could draw on successful models used in the UK and elsewhere to avoid large numbers of people disappearing permanently from the workforce.