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The Cambridge-INET Institute - continuing as the Janeway Institute

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Adams-Prassl, A., Boneva, T., Golin, M. and Rauh, C.

Inequality in the Impact of the Coronavirus Shock: New Survey Evidence for the UK

WP Number: 2010

Abstract: Using new UK survey data collected on March 25th 2020, we already find that: 57% of workers engaged in less paid work over the past week than usually. 8% of workers in employment a month ago have already lost their job due to COVID-19. For those still in work, the expected probability of job loss within the next four months is 33%. On average, workers expected to earn 35% less in the next four months compared to usual and expect there is a 49% chance of them having problems paying their bills. These harsh impacts are not evenly distributed across the population; the young, and low income earners have been hit hardest. Workers without paid sick leave beyond the statutory minimum are more likely to go to work with a cold or a fever and also work in close proximity to others.

Keywords: COVID-19

Author links: Christopher Rauh  

PDF: wp2010.pdf

Open Access Link: 10.17863/CAM.52477

COVID-19 Economic Research Special Feature: COVID-19 and the Effect on Workers

Theme: transmission