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Unemployment support post Covid: learning from the job retention scheme

13 May 2020
Yesterday, the Chancellor announced that the job retention scheme will continue until October. This will be a huge relief to the 7.5 million workers who rely on support from the scheme, and will avert a huge second surge in unemployment as a result of the crisis, which is already set to rise to it’s highest level for 25 years. This extension is welcome, but there is no reason why more generous unemployment benefits couldn’t exist in the UK permanently.