That’s one way of putting it. There are no winners in the coronavirus economic lottery but for young, working-class people, the losses are greater and more acutely felt. Those under 24 will bear the brunt of job losses and suffer the worst of the wage scarring (the term used to describe the financial penalty that workers who begin their careers in a recession tend to incur). Moreover, as Kathleen Henehan, senior research and policy analyst at the Resolution Foundation points out, thanks to Covid-19, ‘People leaving school after their GCSE year are 30 per cent less likely to be in a job two years from now’ (though it hardly seems better for those currently trapped in student halls, racking up mountains of debt in exchange for online courses). Young people always take the biggest hit during any recession, but the difference now is that the worst-affected industries — hospitality and retail — are those that traditionally offer many their first tentative step into the world of work. ‘Close to 40 per cent of young non-grads work in one of the sectors that has been shut down,’ adds Henehan. ‘In a sense their first rung on the employment ladder has been broken.’