THIS many jobs could be lost

THIS many jobs could be lost as furlough ends

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Chancellor of the Exchequer, Rishi Sunak, unveiled the Coronavirus Job Retention Scheme (CJRS) earlier this year to prevent mass unemployment and to keep people in jobs. 

For the last few months, employers and the UK Government have both been contributing to the wages of staff members on furlough. 

Over time, the level of contributions has changed and from July, employers were able to bring furloughed staff back to work for any amount of time, while being able to claim under the scheme for the hours not worked.

For example, in August, the Government paid 80% of wages up to the £2,500 cap and employers paid National Insurance Contributions and pension contributions for the hours the employee is on furlough. 

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