The Corona epidemic has had the most negative impact on young people from poor and indigent families. That’s according to a study by the London School of Economics in the UK. News of the Guardian.
The report is a joint venture between the Resolution Foundation and The London School of Economic and Political Science, entitled The Economic and Social Impact of the Corona Epidemic.
The report found that in the job market, young people from poor and lower middle class families are more than twice as likely to leave the job as young people from affluent and affluent families.
As a result, pay inequality among young people from rich and poor families is likely to become more pronounced, as well as increasing social inequality, the report said.
The Social Mobility in the Time of Kavid, published by The Economy 2030 Inquiry, found that those who had been employed since before the Corona epidemic began were young people between the ages of 25 and 28, between 2020 and 2021. He has lost three times as many jobs as the youth above him.
According to the report, 41 percent of young people in poor families quit their jobs at this time. On the other hand, only 18 percent of young people in rich families have quit their jobs at this time.
The survey also found that the number of young people from poor families who are financially well off or in an advantageous position has dropped from 74 percent to 54 percent before the epidemic. On the other hand, the financial security of young people from rich families has increased from 69 percent to 94 percent.
Andrew Iles, a research economist at the Center for Economic Performance, says the economic impact of the epidemic has been severe on young people. Especially those who come from less wealthy or poor families are at the center of the crisis.
He added that it would take a long time for those who have returned to work after the epidemic to recover. This would undermine social equality in Britain and widen the gap between young people from rich and poor families.
The report also found that working parents in poor families lost more than twice as many jobs as parents in relatively rich families. As a result, the financial security risks of poor families have increased, which has affected the school attendance rate of the children of these families.
The news of Bishal escaping from himself is actually an attempt at damage control. Sources say that Bishal has been removed. Because, many people are unhappy with the decision of the CEO of the company. Other officials of the organization have openly opposed the mass layoffs.