2008 vs 2020: What to expect for Britons graduating into the Covid-19 recession

2008 vs 2020: What to expect for Britons graduating into the Covid-19 recession

Young British workers became known as the “crisis cohort” after bearing the brunt of the 2008 global financial crisis. After the coronavirus brought the global economy to a shrieking halt, the Bank of England declared in May that the UK economy will enter into its deepest recession in more than 300 years. While it’s much too soon to know what impact this will have on young adults who are about to enter or have recently entered the workforce, the post-2008 era provides a useful case study.