Research and analysis

The Coronavirus Job Retention Scheme final evaluation

The final evaluation of the joint evaluation by HM Treasury and HM Revenue and Customs of the Coronavirus Job Retention Scheme.

Documents

Details

The government introduced an unprecedented package of measures in response to the COVID-19 pandemic in March 2020 to protect millions of jobs and incomes to help ease the financial burden for businesses and the UK population. The Coronavirus Job Retention Scheme (CJRS) was one of the schemes introduced at pace to mitigate the impacts of the COVID-19 pandemic on the labour market and wider UK economy.

The CJRS final evaluation builds on the interim evaluation published in October 2022. This final evaluation assesses the impact of the CJRS, particularly in the latter stages of the scheme, as well as the value for money of the entire scheme.

The CJRS final evaluation covers topics including error and fraud, as well as the impact of the scheme in protecting jobs, preventing permanent employer closures and protecting household incomes. The evaluation also addresses the scheme’s impact on the wider economy, its overall value to society and the lessons that can be learned from the implementation of the CJRS.

The CJRS final evaluation draws on evidence from a range of sources, such as internal data, analysis and research, including research commissioned to an independent research agency.

You can also read on GOV.UK:

Contacts

If you have questions or comments about this release, please contact HMRC Press Office.

Published 17 July 2023