Social security: understanding public attitudes
Mass unemployment and benefit cuts after the pandemic
The Fabian Society - December 2020
The report examines the consequences of the sharp rise in unemployment caused by the coronavirus economic crisis alongside the current social security system. It first looks at the difference that will be made by keeping or scrapping the temporary 2020 social security measures, while assuming there is no significant change in unemployment; then it examines the consequences for households of mass unemployment in 2021; and finally it looks at the combined effects of an April benefit cut and mass unemployment.
The authors project that an extra 3.2 million people will slip into poverty, as a result of benefit cuts and mass unemployment – a rise from 11.4 to 14.6 million.