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Working-hour losses: quarterly trends in 2020 and projections for 2021 Working-hour, employment and labour income losses in 2020 2021 projection Q1 Q2 Q3 Q4 Baseline Optimistic Pessimistic % 5.2 18.2 7.2 4.6 3.0 1.3 4.6 FTE* (million) 150 525 205 130 90 36 130 * TE: ull‑time equivalent jobs (assuming a 48‑hour working week) Figure 1.

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