more than 11 million people here in the uk were furloughed from theirjobs during the pandemic. but with many now returning or looking forward to getting back to work the end of the furlough scheme could be very tough for older workers, according to new research. it found the over 65s were 40% more likely to be furloughed than those in their 40s. and it warns that older workers have found it much harder to return to work after a period of unemployment. dr emily andrews is senior evidence manager at the centre for ageing better a charitable foundation which funded the research. do you tell us more about your findings and how the older generations are being impact. so the impacts of this pandemic have essentially been u shaped in terms of the impact of employment with the youngest and oldest workers hardest hit. we know is that at the end of last year redundancy rates have been highest amongst 50 plus aged workers. what today s research highlights is that those workers in their 50s an
‘Second wave not a big blow to economic activity in first half of Q1’
May 17, 2021
Loss of momentum not as severe as it was last year, says RBI report
The resurgence of Covid-19 has dented but not debilitated economic activity in the first half of Q1 (April-June) FY22, according to an article in the Reserve Bank of India’s latest monthly bulletin.
Loss of momentum
Although extremely tentative at this stage, the central tendency of available diagnosis is that the loss of momentum is not as severe as at this time a year ago, it added.
“The ferocity of the second wave has overwhelmed India and the world. War efforts have been mounted to stop the second surge in its tracks,” according to the article, ‘State of the Economy’, put together by 18 RBI officials, including Deputy Governor MD Patra.