Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282911 
Year of Publication: 
2023
Series/Report no.: 
IFS Report No. R237
Publisher: 
Institute for Fiscal Studies (IFS), London
Abstract: 
In this report, we present the first evidence on how the cohorts of young people who entered the labour market during the pandemic have fared up to now. In Section 2, we discuss why we might expect the pandemic to lead to scarring effects, documenting how labour market outcomes evolved over the pandemic and comparing trends with the 2008 recession to demonstrate the magnitude of the COVID-19 shock for young people. In Section 3, we focus on the cohorts of young people who entered the labour market during the COVID-19 years, or just before, comparing their employment rates and multiple measures of job quality with those of earlier cohorts to assess the extent to which they are likely to experience long-term scarring as result of the pandemic. In Section 4, we discuss the prospects for future cohorts due to enter the labour market in the coming years. We conclude in Section 5.
Subjects: 
Employment and income
Labour markets supply and workforce
Labour markets
Employment
COVID-19
Human capital
Persistent Identifier of the first edition: 
ISBN: 
978-1-80103-115-8
Document Type: 
Research Report

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