80% of employees in the hospitality sector may have been furloughed. For arts and entertainment, it is at 67%, whilst construction and manufacturing come in at 40% and 29% respectively.
Only one local authority district in the country – Oxford – sees less than one in five employees furloughed, and even there the level is 19%. The overall rate of furloughing, across the country, is 27%.
British Airways will make 12,000 staff redundant despite the availability of an 80% wage subsidy.
This all suggests things will not be what they used to be at the end of lockdown.
Was the great depression but a walk in the park?