Hundreds off furlough as support scheme winds down

Hundreds more workers came off furlough in South Tyneside in August – just before the scheme ended last month.

Friday, 8th October 2021, 3:08 pm
Furlough figures

The latest data from HM Revenue and Customs shows 2,700 jobs held by workers living in South Tyneside were furloughed as of August 31 – five per cent of all that were eligible.

That was 700 fewer than the 3,400 at the end of July – when six per cent of jobs were furloughed and 13,600 fewer than in May 2020, when the Coronavirus Job Retention Scheme was at its peak.

The figures come as a new report warns that over-50s made redundant following the end of furlough could see themselves locked out of work by ageism.

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In South Tyneside, 990 people aged 50 and over were on furlough at the end of August – down from 1,170 a month previously.

By comparison, there were just 570 workers aged under 30 still on the scheme at this time.

Nationally, between mid-May last year and August this year, the number of jobs furloughed nationally has fallen from 8.9 million to just 1.3 million – with 260,000 coming off the scheme in the last month.

The Centre for Ageing Better said the latest labour market figures showed that 355,000 over-50s are unemployed, with 31,000 having been made redundant between May and July.

Kim Chaplain, associate director for work at the organisation, said: “With the furlough scheme over and many over-50s looking for work, it’s vital that employers are able to tap into the wealth of talent and experience that this workforce can bring."