Some disappointing news for those who thought that working from home would free us from the daily grind: the working day is almost an hour longer than it was before the pandemic.
People are no longer commuting for hours on end but they are spending 48.5 minutes more at their desk each day, according to a report published by the National Bureau of Economic Research.
The government has said repeatedly that it wants people to return to work, and that employers would find it easy to lay off staff that they never see.
Before the pandemic 6 per cent of British employees worked from home. In April, at the peak of the outbreak and lockdown restrictions, that had risen to 43 per cent. Nine in ten staff who have worked from home say that they would like to continue in some form — even if they are working longer hours.
A leading investment bank has predicted the government will extend the furlough scheme in an attempt to slow the “large and rapid deterioration” of the jobs market.
Morgan Stanley said that, given Britain’s relatively slow transition off furlough, it expected an extension to the scheme, albeit in “a less generous and more targeted format”.
The coronavirus job retention scheme was launched by Rishi Sunak, the chancellor, in March to enable employers to lay off staff temporarily, with 80 per cent of their wages being paid by the taxpayer up to £2,500.
It is being phased out, with employers gradually taking back responsibility for paying furloughed staff and the scheme due to end next month.
Morgan Stanley economists Jacob Nell and Bruna Skarica cited the “comparatively modest” cost of extending the scheme, estimating that a six-month extension, by which time they assume a vaccine will be widely available, would have a
Business Insider has hired John Dorman as a senior politics reporter.
“This is a dream role for me and I feel so fortunate to have this opportunity,” he wrote on Twitter.
Dorman has been a writer for The New York Times for the past nine years, writing for various sections, mostly at the Travel Desk. He also designed graphics for the Business Desk, edited domestic and international newsletters, managed the Twitter, Facebook and Instagram accounts at Travel, and produced digital news and feature special issues.