COVID-19 and the career prospects of young people

Cover image
Document type
Briefing
Author(s)
Costa Dias, Monica; Joyce, Robert; Norris Keiller, Agnes
Publisher
Institute for Fiscal Studies
Date of publication
3 July 2020
Series
IFS Briefing Note. BN299
Subject(s)
Trends: economic, social and technology trends affecting business
Collection
Business and management
Material type
Reports

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There is growing evidence that economic consequences of the COVID-19 pandemic are particularly negative for young people. On the eve of the coronavirus outbreak, workers aged below 25 were more likely than other workers to be employed in sectors that have been effectively shut down as part of the UK lockdown and they are more likely to have lost their jobs since then. This note shows that the economic repercussions of the pandemic threaten to severely disrupt the career progression of young workers, which suggests negative economic impacts on this age group may last well beyond the easing of the lockdown.

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