This tag is associated with 49 posts

COVID – European governments step in to pay wages

Tens of millions of jobs are now at risk from the coronavirus pandemic, with entire industries being shut down to keep the virus from spreading. Governments across Europe are spending billions on wage subsidies in a desperate effort to save jobs and cushion the economic blow. Here are some of the plans to help individuals … Continue reading

COVID in UK – The 80%

Yesterday, the Chancellor announced that last week’s pledge to underwrite 80 per cent of the wages of employees without work to do during this crisis is being matched with significant grants to the self-employed. This is an important addition to existing plans to support employees, and in many ways a more generous offer. The Self-Employed … Continue reading

COVID in OECD – Efforts should be intensified says OECD

Efforts to contain virus and save lives should be intensified, and governments should plan stronger, more coordinated measures to absorb growing economic blow Increasingly stringent containment measures needed to slow the spread of the Coronavirus (Covid-19) will necessarily lead to significant short-term declines in GDP for many major economies, according to new OECD projections. OECD … Continue reading

COVID au Canada – Le PIB réel devrait diminuer de 25 % au deuxième trimestre, Le taux de chômage à 15 % au troisième trimestre

Les perspectives économiques et financières sont extrêmement incertaines en ce moment. Abstraction faite de cette vive incertitude, le présent rapport propose une analyse de scénario pour aider les parlementaires à évaluer les possibles répercussions économiques et financières de la pandémie de COVID-19 et des développements récents sur le marché du pétrole. Le scénario à l’étude … Continue reading

COVID-19 and School Closures around the World – 1.37 billion students, nearly 80% of the world’s student population, now at home

As school closures impact nearly 80% of the world’s student population, UNESCO on Monday convened an online meeting of an ad hoc group of education ministers who shared information about scaled-up measures deployed in their countries to support teachers, parents and students in coping with home learning. They also pointed to emerging challenges that require … Continue reading

COVID-19 in Canada – The new Canada Emergency Response Benefit

The new Canada Emergency Response Benefit We will provide a taxable benefit of $2,000 a month for up to 4 months to: workers who must stop working due to COVID19 and do not have access to paid leave or other income support. workers who are sick, quarantined, or taking care of someone who is sick … Continue reading

COVID-19 – Travailleurs Essentiels – Trop souvent peu rémunérés

La crise du coronavirus nous aura fait découvrir que notre bien-être dépend en partie de travailleurs souvent peu rémunérés et maintenant qualifiés d’essentiels. Il y a quelques mois, des préposés aux bénéficiaires dans les résidences privées pour aînés faisaient la grève pour obtenir 15 $ l’heure, eux qui touchent 13 $ à 14 $ l’heure. Et les travailleurs … Continue reading

COVID-19 au Canada – Aide d’urgence : qui a droit ?

La nouvelle Prestation canadienne d’urgence Nous offrirons une prestation imposable de 2 000 $ par mois pendant quatre mois au maximum : les travailleurs qui doivent cesser de travailler en raison de la COVID‑19 et qui n’ont pas accès à un congé payé ou à une autre forme de soutien du revenu; les travailleurs qui sont malades, qui … Continue reading

COVID-19 in US – Economy will experience a quick rebound says former Federal Reserve chairman Ben Bernanke

Former Federal Reserve Chairman Ben Bernanke also said Wednesday the U.S. economy will experience a quick rebound after a “very sharp” recession. “If there’s not too much damage done to the workforce, to the businesses during the shutdown period, however long that may be, then we could see a fairly quick rebound,” Bernanke told CNBC’s … Continue reading

COVID-19 en France – Comment s’articulent allocation chômage et activité partielle

Comment s’articulent allocation chômage et activité partielle ? Ce sont deux dispositifs autonomes qui peuvent pourtant se combiner, voire se cumuler. Pôle emploi répond à vos interrogations, que vous soyez inscrit comme demandeur d’emploi, ou pas, en cours d’indemnisation, ou non. COMMENT FONCTIONNE L’ACTIVITÉ PARTIELLE ? L’activité partielle, appelé aussi « chômage partiel », est un dispositif … Continue reading

COVID-19 in US – Maps on how states are responding

States have enacted a wide range of policies in an effort to “flatten the curve” and address the economic effects of the novel coronavirus. While all 50 states have declared states of emergency, giving governors emergency powers, the policy response from states has been wide-ranging. Chosen excerpts by Job Market Monitor. Read the whole story @ How … Continue reading

COVID-19 – Analyzing the trends in one chart

Chosen excerpts by Job Market Monitor. Read the whole story @ U.S. Coronavirus Outlook: Is This The End Of The Beginning?

COVID-119 Economic Impacts – At least as bad as Great Recession, says IMF

The International Monetary Fund said it expects a global recession this year that will be at least as bad as the downturn during the financial crisis more than a decade ago, followed by a recovery in 2021. Nearly 80 countries have asked the Washington-based IMF for emergency finance, Managing Director Kristalina Georgieva said in a … Continue reading

COVID-19 – Leading economists urge governments to bring out the ‘big artillery’

Leading economists urge governments to bring out the ‘big artillery’ to fight the economic fallout caused by the COVID-19 pandemic. Unconventional policy options such as ‘helicopter money’ should be on the table, they argue. Governments will need to reduce personal and corporate bankruptcies, ensure people have money to keep spending even if they’re not working, … Continue reading

COVID-19 au Québec et au Canada – (Mise à jour 2) Bonifier l’assurance-emploi et mettre à profit l’expertise en intelligence artificielle pour accélérer le traitement des demandes

Finis les programmes annoncés par Ottawa la semaine dernière. Place à de nouvelles annonces avec, en prime, des systèmes à développer. Est-ce la marche à suivre ? Le montant forfaitaire : certainement. Mais, croisons-nous les doigts pour la mise en oeuvre. Des bonifications de l’assurance-emploi * Développer des nouveaux programmes en urgence peut s’avérer un … Continue reading

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