The FT reported yesterday that one in five UK employers plan to make redundancies in the next three months.
The TUC is warning of 6 million fearing they will lose their jobs.
As the Guardian reports this morning, noting a new report:
The Resolution Foundation said 23% of employees aged 18-24 had been furloughed and a further 9% had lost their jobs completely. By comparison, among the least affected age group — those aged between 35 and 44 — 15% had been furloughed or lost their jobs.
Young people were also the most likely to have had their pay cut, with 35% earning less than they did at the start of the crisis and 9% earning more.
We are still in the phoney war when it comes to the coronavirus crisis. That may be true medically still, but I will leave that aside. What I am sure of is that economically we have seen almost none of the consequences as yet. And the biggest consequence is the largest mass unemployment for nearly a century.
There is only one way out of this. It is a Green New Deal.
This video from the Guardian is from last year, but it remains true now:
We hope the coronavirus crisis will pass.
But we will still have the climate crisis to address.
And we desperately need jobs in every constituency. That's what we designed the Green New Deal to deliver in 2008. It's much more relevant and required today. And it will be the only way out of the economic crisis that we are in.
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One thing I’ve noticed, starkly, about the coronavirus crisis, is just how fast some companies have managed to change working practices – which clearly shows that if careful legislation and proper regulation is brought in they can easily adjust to new environmentally friendly working practices if they have to.
I notice small things – like Tescos own boxes of tissues no longer have the little (unnecessary) plastic insert – and all the small things that can easily be done should really already have been done, but sadly the effort so far has been minimal.
On the unemployment issue – too depressing to think about. Our government(s) is (are) useless.
The only way the Green new deal would fix the unemployment – is if AOC kills all unemployed people
. I have never seen a political platform this dangerous in ny whole life.
Please explain rather than offering meaningless comment