COVID-19, wage subsidies and unemployment

Governments across the world have invested huge sums to prop up incomes during the COVID shutdown. But as a new IfG paper shows, some countries including the UK have relied more heavily on in-work wage subsidies while others like the US, Canada and Ireland have increased support to those who have lost their jobs. What will these Coronavirus-related labour market policies have on businesses, employment and the workforce? How will the policies need to adapt to encourage a return to work? And what can the UK government can learn from experience elsewhere?

Dr Gemma Tetlow, Chief Economist at the Institute for Government, talks it over with:

• Antoine Bozio, Director of the Institut des Politiques Publiques in Paris
• Karen Dynan, Professor of the Practice of Economics at Harvard University
• Barra Roantree, Economist at the Economic and Social Research Institute in Dublin
• Martin Sandbu, European Economics Commentator for the Financial Times

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