2020 arguably began with some sense of stability due to increased certainty around Brexit and a decisive general election in December. But when the Coronavirus lockdown commenced in March, the disruption this caused sent shockwaves through the UK labour market.
Job losses in certain key industries have been widely reported and continue to dominate the overall picture of the impacts of COVID-19. But what other developments have we seen in recent months? And what can employers do to navigate their way through constant changes to our world of work?
A multi-layered labour market
As mentioned, redundancies have plagued our world of work for most of this year. The Bank of England August 2020 Monetary Policy report highlights that highly consumer-facing and labour-intensive sectors, along with specific industries such as airline, travel and non-food retail which have been forced to make the most redundancies.
On the other hand, while job losses have been significant in these