UK's COVID-19 Job Retention Scheme
During the COVID-19 pandemic, the United Kingdom's government implemented a job retention policy to prevent mass unemployment. Under this scheme, workers in sectors forced to close, such as hospitality and entertainment, remained officially employed while the government paid 80% of their wages.
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Ch.1 The supply side of the macroeconomy: Unemployment and real wages - The Economy 2.0 Macroeconomics @ CORE Econ
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UK's COVID-19 Job Retention Scheme
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