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COVID and UBI in US – Next bill could include cash payments of $2,000 per month for Americans ages 16 and older
The White House and congressional leaders are nearing a deal to pump an additional $300 billion into a new program to keep small businesses from shuttering and their employees from facing unemployment as the coronavirus pandemic derails the economy. Even before that deal is completed, talk has turned to a larger economic recovery package that could … Continue reading
COVID and Job Report in US (April 2020) – Employment fell by 20.5 million in one month
Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent,the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of thecoronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors,with particularly heavy job losses in … Continue reading
UI Claims in US (week ending May 2) – 3.2 M, which brings the total for the past seven weeks to 33.5 M
The COVID-19 virus continues to impact the number of initial claims and insured unemployment. This report now includes information on claimants filing Pandemic Unemployment Assistance and Pandemic Emergency Unemployment Compensation claims. In the week ending May 2, the advance figure for seasonally adjusted initial claims was 3,169,000, a decrease of 677,000 from the previous week’s … Continue reading
COVID and Wage Subsidy in UK – Intense pressure this weekend to offer a massive “second wave”
The chancellor Rishi Sunak is under intense pressure this weekend to offer a massive “second wave” of financial support to businesses within weeks amid growing fears of a catastrophic early summer of spiralling unemployment and company bankruptcies. With the government’s £40bn job-retention scheme running until the end of June, business groups and the Labour party … Continue reading
COVID and Economic Data in US – The worse than any we have seen for the economy, FED’s Powell said
How bad is the coronavirus economy? The worst ever, says Fed Chairman Jerome Powell. “We are going to see economic data for the second quarter that is worse than any data we have seen for the economy,” Powell said. “There are direct consequences of the disease and measures we are taking to protect ourselves from it. … Continue reading
COVID and CFOs – More layoffs anticipated and more people will work remotely permanently
How are finance leaders navigating the unprecedented disruptions from coronavirus? An in-depth analysis of the biweekly results and key implications. Key findings Back-to-work playbooks reshape how jobs performed 49% say remote work is here to stay for some roles, as companies plan to alternate crews and reconfigure worksites. Protecting people top of mind 77% plan … Continue reading
COVID, Low-Wage Earners and Upskilling – We want front line workers a chance to climb the occupational ladder
After World War Two, America expressed its gratitude to returning veterans by supporting their education. We subsequently renewed and made permanent these well earned benefits for veterans. We should do the same today for the people who are on the front line: grocery workers, food delivery workers, restaurant workers, building cleaners, hospital orderlies, EMTs, and … Continue reading
Employment services – Helping job seekers online
Field experiment shows benefits of online job search assistance In a new IZA Discussion Paper, Guglielmo Briscese, Giulio Zanella, and Nicky Quinn report the results of a field experiment where they tested the effect of complementing offline assistance with a website that provided an editable resume and cover letter templates, as well as tips on … Continue reading
Asylum Seekers in EU (2019) – Protection granted to almost 300 000
In 2019, the European Union of 27 Member States (EU) granted protection status to 295 800 asylum seekers. Compared to 2018 (316 200), total number of persons granted protection status was down by 6%. In addition, the EU received 21 200 resettled refugees in 2019. This information is issued by Eurostat, the statistical office of … Continue reading
COVD and UBI in Canada – The money should be universal says Jagmeet Singh
That said, NDP leader Jagmeet Singh believes that the new Canada Emergency Student Benefit is unnecessarily “complicated,” and that the original CERB criteria should be scrapped altogether.In a tweet, he explained, “We’re glad the government is turning its focus to helping students, but another complicated system is not what students need.”“Make the CERB universal so … Continue reading
COVID and Unemployment in US – A chart
Related Post COVID and UI Claims in US – More than 26 M claims since the beginning of lockdowns with 20% of jobless POSTED BY MICHEL COURNOYER ⋅ APRIL 23, 2020 ⋅ LEAVE A COMMENT In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from … Continue reading
COVID and UI Claims in US (Update) – More than 26 M claims since the beginning of lockdowns with 20% of jobless
In the week ending April 18, the advance figure for seasonally adjusted initial claims was 4,427,000, a decrease of 810,000 from the previous week’s revised level. The previous week’s level was revised down by 8,000 from 5,245,000 to 5,237,000. The 4-week moving average was 5,786,500, an increase of 280,000 from the previous week’s revised average. … Continue reading
COVID and Labour Market – A far-reaching impact in Europe
The EU-27 countries have introduced varying degrees of stay-at-home mandates or advisories owing to COVID-19, as has the United Kingdom. As of April 7, almost all of the 230 million employees across the EU-27 and the United Kingdom are affected—through the closing of nonessential shops, implementation of remote working and physical-distancing guidelines, cancellation of events, … Continue reading
COVID and Universities in US – It poses serious financial risks
Universities around the country are dealing with health concerns as their first priority, and keeping instruction going—even if imperfectly—as the second priority. After dealing with these immediate issues, the next concern is fear of collapsing revenue. Health and instruction deserve every bit of effort going into them. The extent of worry about collapsing revenue isn’t … Continue reading
COVID in Chile – An ‘immunity passport’ will allow breaking free from lockdown and get back to work
SANTIAGO, Chile — Government officials said Monday they would move ahead with plans to issue the world’s first “immunity passports,” cards that would allow people who have recovered from the novel coronavirus to return to work, over the concerns of physicians who warned that much about covid-19 immunity remains unknown. Chosen excerpts by Job Market … Continue reading
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