Business
‘Long-term scarring’: Young people will suffer their entire working lives from COVID-19 – Sydney Morning Herald
The coronavirus recession will scar the job and wage prospects of people in their 20s and 30s for years, special Productivity Commission research suggests.
The coronavirus recession will scar the employment prospects of people in their 20s and 30s, with research warning they may become trapped in low-paying, low-skilled jobs for years.
The Productivity Commission, in a report to be released on Monday, found work for young people would be scarcer, and taking on lower-quality jobs to get employment was likely to have long-term consequences for careers development.
The Productivity Commission found many young workers could face long-term consequence…
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