Economic Affairs Committee
Employment and COVID-19: time for a new deal

3rd Report of Session 2019-21 - published 14 December 2020 - HL Paper 188



Chapter 1: COVID-19 and the economy

The COVID-19 economic shock

Figure 1: Real GDP central forecast and alternative scenarios

Employment and COVID-19: an unequal crisis

Figure 2: Peak-to-trough falls in sectoral output

Figure 3: Proportion of employees who can work from home if needed, by weekly pay vigintile: UK, 2014–2018

Figure 4: Difference in average monthly saving, March to September, between 2019 and 2020, by income quintile

Protecting jobs: policy response

Figure 5: The evolving cost of the coronavirus policy response in 2020

A plan for recovery

‘Balancing the books’

Chapter 2: Economic rescue

Job retention and support schemes

Figure 6: Comparison of job retention schemes, selected countries

Box 1: Changes to job retention schemes

Figure 7: Changes to the Job Retention Scheme and Job Support Scheme

Business uncertainty

Self-Employment Income Support Scheme

Box 2: Gaps in employment support packages

Box 3: Example from Peter Heath, Professional Lighting and Sound Association

Lockdowns and restrictions: economic support

Business support schemes

Loan schemes

Risk of default

Proposals for recapitalisation

Universal Credit

Box 4: Glossary of certain Universal Credit terms

Universal Credit standard allowance

Box 5: Example from Tracy Fishwick OBE, Managing Director of the Transform Lives Company

Legacy benefits

Local Housing Allowance

Benefit cap

Support for children and families

Statutory sick pay

Chapter 3: Economic recovery

Training and skills

Box 6: Training, skills, and employment support schemes

Department for Work and Pensions: employment support

Aligning Kickstart and apprenticeships

Apprenticeship incentives

Jobs, skills and training guarantee

Investment and the recovery

Investment in ‘social infrastructure’

Social care


A ‘green industrial revolution’

Summary of conclusions and recommendations

Appendix 1: List of Members and declarations of interest

Appendix 2: List of witnesses

Evidence is published online at and available for inspection at the Parliamentary Archives (020 7219 3074).

Q in footnotes refers to a question in oral evidence.

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