Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
James Andrews

One job in three at risk of being lost due to the coronavirus crisis

As many as one job in three in parts of Britain are at risk of being lost as a result of the coronavirus crisis, a new study has suggested.

The Royal Society for the encouragement of Arts, Manufactures and Commerce (RSA) said a new social contract was needed to address widespread economic insecurity.

Its analysis revealed the areas most and least vulnerable to job losses caused by Covid-19, showing that those with a high proportion of jobs in hospitality, retail and tourism are most affected.

Richmondshire in North Yorkshire, which contains Chancellor Rishi Sunak's Richmond constituency, tops the list of areas most at risk, with its large tourism and hospitality sectors meaning 35% of jobs are under threat, said the report.

Areas in the North and Midlands, the South West of England and parts of Scotland and Wales dominate the rest of the list.

Many businesses will not reopen (Getty Images)

Those with the highest proportion of jobs in the knowledge economy, which can more easily be done from home, are said to be least at risk.

These are heavily concentrated in London, Oxbridge and the Home Counties, but even in these areas one in five jobs is put at high risk by the RSA.

Alan Lockey, head of the RSA future work centre, said: "No part of the country is going to be spared a severe recession, but those most dependent on hospitality and tourism will be particularly badly hit, especially rural areas, including many Tory shires.

"The government's response so far has been robust and rightly focused on whole swathes of the population.

"But it must avoid going back to 'business as usual' - Universal Credit, sanctions and means-testing - if it's to avoid the devastating impact of prolonged unemployment on whole swathes of the population.

"Covid-19 only highlights the need for a welfare state which addresses the economic insecurity felt by growing numbers of people in the UK.

"We need to see the state providing more unconditional support to a greater number of people, as well as funding personal learning accounts to support retraining throughout the crisis."

A Treasury spokesman said: "The Chancellor has outlined an unprecedented package of measures to protect millions of people's jobs and incomes through this crisis.

"That includes covering 80% of staff wage costs, up to £2,500 a month, for businesses hit by Covid-19.

"More than 500,000 claims have already been made under the scheme, protecting millions of jobs across the UK."

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.