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Coronavirus job losses threaten ‘generational scars’, CBI warns

Wave of redundancies feared in autumn as government winds down employment support, Chris Baynes reports

Thursday 11 June 2020 07:10 BST
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The CBI said job centres should be transformed into 'job and skill hubs' to help people find work
The CBI said job centres should be transformed into 'job and skill hubs' to help people find work (PA)

Job losses in the wake of the coronavirus pandemic “will leave generational scars” without “immediate intervention” to create jobs and train young people, a leading business group has warned.

The CBI predicted a wave of redundancies in the autumn as government support such as the furlough scheme is wound down.

It said ministers must prioritise jobs and skills training, especially for young people, to “minimise the human cost”.

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