Abstract
From the survey we found evidence that the majority of respondents who experienced negative labour market shocks during COVID-19 pandemic were put on furlough rather than being terminated outright. This finding is related to the fact that most employers expected that the slowdown due to the pandemic would be short-lived, and that they could resume their business activities once the pandemic is over. Meanwhile, the vast majority of workers who were put on furlough received either no salary or a reduced salary, with only a 20 per cent having received their full salary while on furlough. Moreover, the majority of the sample who experienced furloughed also claimed that their employers unilaterally imposed the wage reductions without making any agreement with the workers.