Young adults most affected by the pandemic?
- Charlie Harden-Sweetnam
- May 19, 2020
- 1 min read
Updated: May 20, 2020
Lockdown Day 57 - total UK deaths: 34,796.
Research published by the Resolution Foundation suggests that people aged 18-24 are most likely to be furloughed or lose their job. Young people tend to be hardest hit by an economic slump, and given the way the virus affects our society through social distancing - practically closing certain industries, while seriously maiming others - those who find themselves within this age bracket could be in for a bumpy decade.
As we can all recognise, the economic recession that is on the horizon will last years before the end is in sight, but for young adults the future looks especially bleak. With no government information on updates to university costs, while many universities have announced that all first term lectures will be given online, those at university or heading there in September have worries surrounding finance and quality of teaching, as well as safety.
Many of the industries worst hit by the pandemic are of course industries upon which long people rely. Without much of retail, hospitality, tourism and construction, their livelihoods, future and opportunities are at serious jeopardy.
But all the more concerning is the disparity between ages. Young adults between 18-24 are twice as likely to be furloughed than those between 35 and 44, and they are nine times more likely to loose their jobs than those between 50 and 54. This could lead to intergenerational conflicts widening, and with political tensions already so deep with our society since 2016, often along generation lines, this could lead to serious societal breakdown and problems that will last a generation.
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