Employment

We have seen crashes before, recessions and depressions, but nothing like this. Our fear of coronavirus has hindered and halted every aspect of daily life. We look out of our windows and barely recognise the country we’re in: police film dog-walkers and pour black dye into lagoons to deter swimmers. We wait in queues for empty-shelved supermarkets. The stock market collapses, surges, then collapses again. None of the old rules make sense. Welcome to the world of Coronomics. If this were a normal recession, the remedy would be simple: encourage people to go out, spend money and boost the economy. But today’s public health concerns require the government to repress

Time out When did British workers start being ‘furloughed’? The word furlough is first recorded in the English language in 1625, believed to be derived from the Dutch verloffe, meaning a leave of absence of a sailor from the navy. It seems to have come back into parlance in Britain thanks to it being used in the US prison system to describe temporary leave for an inmate. It was the title of a 2018 American film in which a female prisoner is allowed out of jail for the weekend to visit her dying mother. The film was later renamed Time Out, perhaps because not everyone knew what ‘furlough’ meant. But