Ending furlough will hit older workers hard – here's how to soften the blow
- Written by Heidi Karjalainen, Research Economist, Pensions and Public Finance, Institute for Fiscal Studies
Older workers are far more affected than people in middle age. KE Atlas/Unsplash, CC BY-SAUK employers affected by the pandemic have been able to put their employees on furlough thanks to the coronavirus job retention scheme, with the government covering 80% of their monthly wages up to £2,500. The furlough scheme is set to wind down in July...