Coronavirus (COVID-19) - extending the Coronavirus Job Retention Scheme: analysis

Paper exploring the costs and benefits of extending the Coronavirus Job Retention Scheme on a temporary basis. Such an extension could reduce unemployment in Scotland by 61,000 through the first half of 2021, at a cost of around £850 million.


An errata was published on 21st September 2020 as a result of changes on PDF pages 1, 4 and 8.The change on page one completed an unfinished sentence. On page 4, clarified the impact of the domestic fiscal policy response (5%), and on page 8 corrected the end date of the modelled scheme extension (2021 Q2). The HTML and PDF have been updated to reflect these changes.



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