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IFS Head: Thousands To Lose Jobs Despite New Scheme

UK

Head of the Institute for Fiscal Studies Paul Johnson tweets on the Job Support Scheme : "This is a v big change from furlough. Less generous. Only open to those who are working a third of normal hours. Understandable given need to adapt as economy changes. Can't pay all wages forever. But a lot on furlough now likely to lose their job."

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