Updated estimates and analysis
working hours declined by 4.6 per cent, equivalent to 130 million full-time jobs. Shift to unemployment 33 million Employment loss 114 million ≈ 50% of total working‑hour losses Shift to inactivity 81 million Working-hour losses in 2020 Working-hour reduction within employment 8.8 ≈ 50% of total working‑hour losses 255 million TE*
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