Coronavirus job losses threaten ‘generational scars’, CBI warns
Wave of redundancies feared in autumn as government winds down employment support, Chris Baynes reports
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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