Coronavirus news: Matt Hancock calls for volunteers for treatment research drive and orders people to stay at home before warm weekend
Coronavirus news: Matt Hancock calls for volunteers for treatment research drive and orders people to stay at home before warm weekend NewsColony Workers aged under 30 and on lower incomes ‘likely to be hit hardest’ by economic shock Workers under the age of 30 and those on lower incomes are likely to be hit hardest by the economic shock from the coronavirus pandemic, research has suggested. Economists from the universities of Cambridge, Oxford and Zurich collected data from “a large geographically representative sample” in the UK and America to come to their conclusion. A total of 3,974 people in the UK were surveyed on 25 March, two days into the government-imposed lockdown, while the US data came from 4,003 people on 24 March. Younger workers in both countries were found to be more likely to have either recently lost their job or seen a drop in hours and earnings compared to workers in middle age, the analysis indicated. Of those employed last month, 10 per cent of worke...